Sterno LLC's foodservice business

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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 TypeDeal StatusTarget (s)Deal DateInvestor(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 SaleAnnouncedSterno LLC's foodservice business-

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