Sterno LLC's foodservice business
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Sterno LLC's foodservice business - overview
Location
-, -, US
Primary Industry
Chemicals
About
Based in the US, Sterno LLC's foodservice business operates as a provider of various products including portable flame and flameless heating solutions, catering equipment and accessories, table lamps, flameless candle solutions, and insulated food carriers. In March 2026, Archer Foodservice Partners, a portfolio company of Wynnchurch Capital, agreed to acquire Sterno LLC's foodservice business from Sterno LLC and Compass Diversified. The transaction is subject to regulatory approvals and is expected to be completed in May 2026. The deal will value the company at USD 292.
5 million. Sterno LLC’s foodservice business represents a core segment focused on the development and supply of portable heating, lighting, and tabletop solutions used across professional foodservice environments. This business serves catering operators, restaurants, hotels, and institutional foodservice providers by enabling safe food warming, cooking, and presentation in both indoor and outdoor settings. The segment’s primary offerings include chafing fuel (gel or liquid), portable heating systems, buffet and catering equipment, insulated food carriers, and ambient tabletop products such as candles and lamps.
These products are widely used in buffets, banquets, catering events, and hospitality operations to maintain food at safe serving temperatures and enhance dining experiences.
Primary Industry
Chemicals
Sub Industries
Petrochemicals
Verticals
E-commerce, Manufacturing
Total Amount Raised
Subscriber access only
Sterno LLC's foodservice business - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Announced | Sterno LLC's foodservice business | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.