Saveur
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Saveur - overview
Established
1994
Location
New York, NY, US
Primary Industry
Media
About
Saveur is a culinary media platform that offers global recipes, food, drinks, and travel insights, focusing on culinary storytelling and the exploration of diverse cultures through cuisine. Founded in 1994 and headquartered in New York, US, Saveur offers a rich collection of recipes and food-related content. The company has undergone a recent ownership transition with the editor and current Editorial Director, Kat Craddock, acquiring it from North Equity in April 2023. Saveur has completed 2 deals since its inception.
Kat Craddock has an extensive background in culinary publishing, enhancing the company’s direction toward greater culinary storytelling. Saveur specializes in providing a comprehensive platform centered around global recipes, food, drinks, and travel, emphasizing culinary storytelling and cultural exploration. The company's core offerings include a variety of recipes categorized by ingredient, course, cuisine, and seasonal occasions, catering to diverse cooking preferences and dietary needs. Additionally, Saveur features techniques for cooking and cultural articles that enhance users' culinary knowledge and appreciation.
Their digital content is designed for food enthusiasts, home cooks, and travelers seeking authentic culinary experiences from around the world. The brand targets audiences primarily in North America and Europe, engaging a customer base that values gourmet experiences and seeks inspiration for their cooking endeavors. Saveur generates revenue through a combination of subscription services and advertising partnerships, as well as potential affiliations with retailers and wholesalers. The firm's primary transaction structure is based on a subscription model that provides users access to exclusive recipes and features.
Clients typically subscribe to newsletters or digital editions, paying a recurring fee for premium content. Specific pricing plans and flagship services are designed to cater to both individual consumers and businesses looking for curated culinary resources. By leveraging affiliate marketing links, Saveur also generates revenue from purchases made through their platform, ensuring a seamless integration of content and commerce for their audience. Following the acquisition in April 2023, Saveur plans to enhance its international contributor list in the coming months to broaden its culinary storytelling capabilities.
The company is strategizing to expand its reach into new markets across Europe and Asia by the end of 2024. The funding from the recent acquisition will be utilized to support these expansion initiatives, enhancing the platform's global presence and content diversity.
Current Investors
North Equity
Primary Industry
Media
Sub Industries
Newspapers, Magazines & News Organizations, Digital Media
Website
www.saveur.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Saveur - 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 | Saveur | - | ||||||||
| Buyout | Completed | Saveur | - |
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Saveur - employee data


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