Pegasus Foods, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Pegasus Foods, Inc. - overview
Established
1998
Location
Los Angeles, CA, US
Primary Industry
Food
About
Pegasus Foods, Inc. specializes in the production of high-quality frozen appetizers and meal solutions, catering to diverse culinary needs through innovative manufacturing techniques and a broad product portfolio. Founded in 1998 in Los Angeles, US, Pegasus Foods, Inc. focuses on producing frozen food products and has made two deals, with the most recent occurring on December 10, 2018.
The company has had no noted pivots or changes in its business strategy and operates independently without a parent company or subsidiaries. The current CEOs are Barry Street and Phil Blackband, leading the company in its operational endeavors. Pegasus Foods, Inc. specializes in the manufacturing of high-quality frozen appetizers and meal solutions.
Its diverse product portfolio includes rangoon scoops, empanadas, egg rolls, burritos, poppers, bulk fillings, and desserts, all crafted using culinary techniques honed over 50 years of industry experience. The company's primary customers are national consumer brands, leading supermarket retailers, food service distributors, and quick-service restaurants, who depend on Pegasus for exceptional frozen food offerings across various markets in the United States. Pegasus Foods, Inc. generates revenue primarily through B2B partnerships and direct sales to retailers and food service distributors.
The company engages in contracts with national brands and supermarkets for bulk orders of its frozen products, ensuring a consistent supply aligned with clients' inventory needs. Pricing structures are tailored based on order volume and product type, catering to varied client preferences while maintaining operational efficiency and strong relationships, which support a robust revenue stream. As of December 10, 2018, Pegasus Foods, Inc. has plans to design and launch new products aimed at expanding its market reach.
Specific geographic markets for future expansion have not been disclosed. The company intends to utilize the proceeds from its most recent deal to support these growth initiatives, further solidifying its role in the frozen food manufacturing sector.
Current Investors
New Water Capital
Primary Industry
Food
Sub Industries
Bakery Products, Food & Beverage Distribution
Website
www.pegasusfoodsinc.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Pegasus Foods, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Pegasus Foods, Inc. | - | ||||||||
| Growth | Completed | Pegasus Foods, Inc. | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.