Standard Functional Foods Group Inc.
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Standard Functional Foods Group Inc. - overview
Established
1999
Location
Nashville, TN, US
Primary Industry
Food
About
Standard Functional Foods Group Inc. is a food manufacturing company specializing in innovative food products, including snacks and baking solutions, tailored to meet diverse consumer and industry demands. Founded in 1999, Standard Functional Foods Group Inc. operates as a food manufacturer in Nashville, US.
The company was acquired by Hearthside Food Solutions in October 2017, a deal that was completed in November 2017. The firm has executed 2 deals since inception, focusing on providing high-quality products. Standard Functional Foods Group Inc. develops and produces a variety of food products, including baking bars, granola, and both refrigerated and frozen snacks.
Their offerings are designed to align with consumer preferences and industry standards, ensuring quality and safety. The company utilizes advanced technology to optimize product attributes such as taste and performance, serving a diverse clientele that includes food retailers and manufacturers in North America and Europe, enabling tailored solutions that enhance brand appeal. Operating mainly through a B2B model, Standard Functional Foods Group Inc. engages in direct agreements with clients for bulk orders of customized food products.
While specific pricing strategies are not disclosed, the company structures its offerings around flagship items meeting market demands, ensuring long-term relationships and a consistent revenue stream through ongoing product development. Following its acquisition in 2017, Standard Functional Foods Group Inc. is focusing on launching new products designed to cater to emerging consumer trends. The firm plans to expand its market presence into additional regions in North America and Europe by the end of 2023.
Recent funding from the acquisition will be utilized to support these initiatives and enhance product development efforts.
Current Investors
Hearthside Food Solutions, LLC, Brentwood Capital Advisors
Primary Industry
Food
Sub Industries
Snack Foods, Health Foods & Nutritional Supplements
Website
www.sffgi.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Standard Functional Foods 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | 2 Dell Parkway | - | ||||||||
| Add-on | Completed | Standard Functional Foods Group Inc. | - | ||||||||
| Buyout | Completed | Standard Functional Foods Group Inc. | - | ||||||||
| N/A | Completed | 2 Dell Parkway | - |
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