Premier ProduceOne Inc.
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Premier ProduceOne Inc. - overview
Established
1948
Location
Columbus, OH, US
Primary Industry
Agribusiness
About
Premier ProduceOne Inc. is a US-based company specializing in the distribution of fresh produce and grocery items to clients in the food service sector, including restaurants and retailers. Premier ProduceOne Inc. , founded in 1948 and headquartered in Columbus, US, focuses on the distribution of fresh produce.
The company has not reported any changes in its business strategy or structure since its inception. The CEO and founder’s current information is not available. The company has secured 1 deal, with Shore Capital Partners acquiring Premier ProduceOne Inc. for undisclosed financial terms.
Premier ProduceOne specializes in the distribution of a diverse range of fresh produce and grocery items, serving clients such as restaurants, retail establishments, and food service operators. The company offers over 4,000 individual products, including local and organic fruits, vegetables, dairy products, and meats, while providing a streamlined ordering experience through its platform. The company's operations emphasize sustainability, aiming to reduce environmental impact while delivering high-quality, fresh products year-round across North America. Premier ProduceOne employs a B2B model, primarily interacting with restaurants, wholesalers, and retailers through direct sales and partnerships.
The revenue structure centers around the sale of fresh produce and grocery items via bulk orders, facilitated through the company's online platform, which ensures next-day delivery. Pricing is straightforward and based on quantity and type of product, aiding cost-effective purchasing for business clients. The company features a wide range of seasonal fruits and vegetables, organic selections, and locally sourced items as cornerstone products, designed to enhance client retention and foster long-term relationships. The company plans to utilize its recent acquisition funding from Shore Capital Partners to support expansion into new geographic markets and to develop new product lines.
Specific markets targeted for expansion have not been disclosed. The company is focused on enhancing its offerings and increasing its market presence, with potential initiatives on the horizon to introduce innovative products to meet evolving customer demands.
Current Investors
Shore Capital Partners
Primary Industry
Agribusiness
Sub Industries
Food, Food & Beverage Distribution, Crop Production
Website
www.premierproduceone.com
Verticals
E-commerce, Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Premier ProduceOne 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 | Native Maine Produce and Specialty Foods LLC | - | ||||||||
| Buyout | Completed | Premier ProduceOne Inc. | - |
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