Proven Partners Group Inc.
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Proven Partners Group Inc. - overview
Established
2004
Location
Elgin, IL, US
Primary Industry
Logistics & Distribution
About
Proven Partners Group Inc. specializes in food co-packing and contract manufacturing, focusing on blending, filling, and packaging dried food products and powdered foods for various manufacturers. Proven Partners Group Inc. is dedicated to providing food co-packing and contract manufacturing services.
Founded in 2004 in Elgin, US, the company has undergone strategic pivots to enhance its service offerings. In April 2019, Proven Partners Group Inc. was acquired by Tilia Holdings. The founder's current information is not available.
Proven Partners Group (PPG) specializes in food co-packing and contract manufacturing services, focusing on blending, filling, and packaging of dried food products and powdered foods. Core offerings include primary packaging that directly contacts the food and secondary packaging for transport. PPG addresses the needs of food manufacturers with tailored solutions for existing brands, new product launches, and innovative packaging formats. Their client base includes leading firms in food, nutrition, and health sciences, catering to those requiring shelf-stable products such as beverage mixes, baking mixes, cereals, snacks, and nutritional powders.
PPG operates across North America and international markets, ensuring high-quality food processing and packaging solutions. Proven Partners Group's revenue is generated through B2B transactions with food manufacturers and brands needing contract packaging services. The company partners with clients to offer comprehensive solutions, which include customized agreements for bulk production and packaging of various food products. Their pricing structure is determined by product complexity and service requirements, catering to unique client needs with offerings such as blending, filling, repacking services, and co-manufacturing capabilities, ensuring an efficient production process in the competitive food industry.
Proven Partners Group plans to leverage recent initiatives to support future growth, focusing on product innovation and market expansion. The company aims to design and launch new products but does not provide specific release dates. Additionally, PPG targets expanding its services into new geographic regions, though specific markets are not disclosed. The acquisition by Tilia Holdings in April 2019 indicates potential resources that could facilitate these growth strategies.
Current Investors
Tilia Holdings
Primary Industry
Logistics & Distribution
Sub Industries
BPO Services, Packaging
Website
www.provenpartnersgroup.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Proven Partners Group 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Proven Partners Group Inc. | - |
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