Proximity Malt LLC
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Proximity Malt LLC - overview
Established
2015
Location
-, DE, US
Primary Industry
Agribusiness
About
Proximity Malt LLC is a malt production company that specializes in crafting high-quality malts for craft brewing, distilling, and food ingredient applications, focusing on locally sourced grains to ensure superior product quality. Founded in 2015 in the United States, Proximity Malt LLC focuses on providing malt products for the brewing and distilling industries. The company has received one investment round, a GROWTH round in October 2015, where it raised USD 60. 00 mn from Tillridge Global Agribusiness Partners to enhance its operations.
Proximity Malt's headquarters are located in the Southwest region of the US, and it serves clients across states such as Colorado, Delaware, Maryland, Virginia, and Pennsylvania. Dale West serves as the CEO, contributing to the company's strategic direction. Proximity Malt specializes in a comprehensive range of malt products tailored for craft brewing, distilling, and food ingredient applications. Their core offerings include a variety of base malts and specialty roasted malts, sourced from locally grown premium grains to ensure quality and consistency.
The company serves a diverse client base that spans the Southwest and Mid-Atlantic regions of the United States, including states like Colorado, Delaware, Maryland, Virginia, and Pennsylvania, where barley production is prominent. Each Proximity malthouse is designed for operational efficiency, catering to businesses that require reliable malt supply and flexibility in product range. Proximity Malt generates revenue through direct sales of its malt products to various business clients, including craft brewers and distillers, who rely on high-quality malts for their production processes. Transactions are structured primarily as B2B engagements, where clients place orders for bulk malt, totes, or bags based on their specific needs.
The company's flagship products, such as Flava-malt™ and ReGenMalt™, are offered through tailored pricing plans that reflect the quality and demand for these specialty malts. By optimizing their supply chain and logistics, Proximity Malt positions itself to meet the distinct needs of its clients while ensuring efficient service delivery. Proximity Malt plans to utilize the USD 60. 00 mn investment from October 2015 to bring two malting plants into operation, which will enable them to scale their production capacity.
The company is also focused on expanding its product offerings to meet the evolving demands of the craft brewing and distilling markets. Through these initiatives, Proximity Malt aims to enhance its market presence in the Southwest and Mid-Atlantic regions, ensuring a reliable supply of premium malts to its customers.
Current Investors
Tillridge Global Agribusiness Partners
Primary Industry
Agribusiness
Sub Industries
Alcoholic Beverages, Crop Production
Website
www.proximitymalt.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Proximity Malt LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Proximity Malt LLC | - |
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