Pretzilla, LLC

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Pretzilla, LLC - overview

Established

1923

Location

Wisconsin Dells, WI, US

Primary Industry

Food

About

Miller Baking Company, known for its Pretzilla brand, specializes in crafting high-quality soft pretzel breads and bites, enhancing culinary experiences across various consumer markets. Founded in 1923 in Milwaukee, US, Miller Baking Company produces soft pretzel products, including buns and bites, designed for diverse culinary applications. In November 2020, the company was acquired by Benestar Brands LLC, a portfolio of Highlander Partners. The operational pivot towards expansion into both retail and foodservice markets has strengthened its market presence.


Pretzilla specializes in the production of soft pretzel breads and bites, offering a unique culinary experience that caters to various consumer preferences. Their core product line includes a range of pretzel buns, breads, and bites designed for versatility in use, suitable for both retail and foodservice applications. The products enhance meals, providing an irresistible texture and flavor that appeals to a broad audience. With a legacy of quality baking dating back to 1923, Pretzilla has developed a strong brand reputation in the marketplace, targeting consumers who seek convenient yet indulgent food options.


The company distributes its products primarily across the United States, with an expanding presence in international markets, ensuring that their offerings reach a diverse clientele including families, restaurants, and food service establishments. Pretzilla generates revenue through a combination of retail sales and foodservice partnerships, positioning its products across various distribution channels. The company's flagship products, including its soft pretzel buns and bites, are sold to both wholesalers and direct consumers, facilitating broad market access. Transactions typically occur within established retail environments, where consumers purchase Pretzilla products for home use, as well as through foodservice operators who integrate these items into their menus.


The company's pricing strategy reflects the premium quality of its offerings, aligning with its brand positioning as America's top choice for soft pretzel products. The diverse distribution model allows Pretzilla to cater effectively to both retail customers and business clients, driving sustained revenue growth through a balanced approach to market engagement. Following the acquisition in November 2020, Miller Baking Company is focusing on expanding its product lines, including new offerings that enhance its existing pretzel range. The company is strategically targeting new markets, both domestically and internationally, with specific plans for expansion into Canada and select European countries by 2025.


Recent funding from the acquisition will be utilized to support these initiatives, enhancing production capabilities and marketing efforts to capture a broader consumer base.


Current Investors

Benestar Brands, LLC

Primary Industry

Food

Sub Industries

Bakery Products

Website

www.pretzilla.com

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Pretzilla, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPretzilla, LLC-

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Pretzilla, LLC - employee data

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