PhillySwirl, Inc.
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PhillySwirl, Inc. - overview
Established
1992
Location
Tampa, FL, US
Primary Industry
Food
About
PhillySwirl, Inc. specializes in creating a variety of Italian Ice-inspired frozen desserts, offering vibrant flavors and imaginative treats designed for children and families, catering to seasonal markets across the United States. PhillySwirl, Inc. is a manufacturer of frozen desserts based in Tampa, US, founded in 1992.
The company was acquired by J & J Snack Foods Corporation in May 2014 from Encore Consumer Capital. The founder's previous ventures are not documented. The company has completed a total of 2 deals with its most recent deal occurring in May 2014. PhillySwirl® specializes in Italian Ice-inspired treats, designed to appeal to children and families through a vibrant range of flavors and colorful swirls.
Their core product offerings include a variety of frozen desserts that incorporate combinations of fruit flavors and sweeteners, intended to provide a fun and imaginative eating experience. These products cater to consumers looking for refreshing treats that are suitable for warm weather, making them popular in seasonal markets and among families at outdoor events, amusement parks, and retail grocery stores. PhillySwirl® products are distributed primarily across the United States, focusing on markets that value innovative frozen desserts and family-friendly snack options. PhillySwirl® generates revenue through direct sales to consumers as well as partnerships with retailers and wholesalers, facilitating broad distribution of their product line.
Transactions typically occur through point-of-sale systems in grocery stores and retail outlets, where customers purchase individual products. The company engages in both B2C sales for consumers seeking convenient and delicious frozen treats and B2B partnerships with food distributors and retailers. The product line includes their signature PhillySwirl® Italian Ice treats, which are marketed for their unique flavor combinations and family-oriented branding, although specific pricing details for these offerings are not disclosed. Following the acquisition in May 2014, PhillySwirl, Inc.
plans to expand its product line by designing new frozen dessert offerings, although specific product release dates have not been provided. The company aims to enter new markets within the United States, targeting regions with a strong demand for frozen treats. Recent funding will likely support these initiatives and enhance the company's distribution capabilities.
Primary Industry
Food
Sub Industries
Snack Foods
Website
www.phillyswirl.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
PhillySwirl, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | PhillySwirl, Inc. | - | ||||||||
| Buyout | Completed | PhillySwirl, Inc. | - |
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