Red Monkey Foods
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Red Monkey Foods - overview
Established
2002
Location
Springfield, MO, US
Primary Industry
Food
About
Brinkhoff & Monoson, Inc. is a food company specializing in premium organic spices, seasonings, and grains, dedicated to enhancing culinary experiences across various market segments. Founded in 2002, Brinkhoff & Monoson, Inc. operates under the brand Red Monkey Foods, delivering quality organic products.
The company is based in Springfield, US, and has completed 4 deals, with the most recent occurring on 2024. The company was acquired by Norwest Equity Partners and Wells Fargo Bank from San Francisco Equity Partners. and in 2024 Norwest Equity Partners exits the company. Rick Anderson is the current CEO, bringing a wealth of experience to the company.
Red Monkey Foods specializes in the development and distribution of a diverse range of premium organic spices, seasonings, and grains, positioning itself as a leader in flavor innovation within the industry. Their core offerings cater to various culinary needs, aiming to enhance flavor profiles and culinary experiences for end users in both home and commercial kitchens. By sourcing high-quality organic products globally, the company serves a broad customer base that includes food manufacturers, restaurants, and retailers across North America, Europe, and Asia. The company emphasizes its commitment to quality and safety, ensuring that all products meet rigorous industry standards.
With an approach centered on creativity and flavor, Red Monkey Foods continuously seeks to expand its product line and explore new flavor combinations to meet evolving consumer tastes. Red Monkey Foods generates revenue through direct sales of its organic spices and seasonings to a variety of customers, including retailers and food service providers. The company operates on a B2B model, establishing partnerships with distributors and wholesalers who curate its products for end consumers. Transactions typically involve bulk orders, allowing clients to stock their shelves with a range of Red Monkey Foods’ offerings, which may include flagship products that highlight the brand's flavor innovation.
The structure of these transactions is designed to foster long-term relationships, with clients benefiting from tailored solutions that meet their specific needs and preferences. Pricing plans are strategically developed to align with market demands, reflecting the premium quality and unique attributes of the company’s products. Brinkhoff & Monoson, Inc. plans to focus on expanding its product offerings, with new organic spice blends expected to launch in 2023.
The company is also targeting expansion into the Asian and European markets by the end of 2024. The acquisition in December 2020 by Norwest Equity Partners and Wells Fargo Bank is expected to support these initiatives, providing the necessary capital to enhance product development and market reach.
Current Investors
Wells Fargo Bank, Norwest Equity Partners
Primary Industry
Food
Sub Industries
Other Food Products
Website
www.redmonkeyfoods.com/
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Red Monkey Foods - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Red Monkey Foods | - | ||||||||
| Secondary Buyout | Completed | Red Monkey Foods | - | ||||||||
| Add-on | Completed | San Francisco Salt Company | - | ||||||||
| Secondary Buyout | Completed | Red Monkey Foods | - | ||||||||
| Recapitalisation | Completed | Red Monkey Foods | - |
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