Sweeteners Plus, Inc.
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Sweeteners Plus, Inc. - overview
Established
1983
Location
Lakeville, NY, US
Primary Industry
Food
About
Sweeteners Plus, Inc. is dedicated to the efficient supply chain management of high-quality ingredients, catering primarily to the food and beverage industry through strategic sourcing and logistics operations. Founded in 1983 and headquartered in Lakeville, US, Sweeteners Plus, Inc. specializes in ingredient sourcing and logistics.
In May 2019, Graycliff Partners acquired the company for EUR 900,000. The latest funding round, categorized as a Buyout, raised USD 1. 000 mn, matching the total amount raised by the firm. Sweeteners Plus, Inc.
provides comprehensive supply chain management and logistics services focused on high-quality ingredients for the food and beverage sector. Their offerings encompass strategic sourcing, agile fulfillment operations, and a robust inventory management system, ensuring timely delivery across the Northeastern and Mid-Atlantic United States. The firm utilizes proprietary rail and transportation solutions, augmented by geospatial analytics, to meet the diverse needs of manufacturers and processors who require reliable ingredient logistics. Sweeteners Plus, Inc.
reported a revenue of USD 150,000,000 for the year 2018, generated primarily through B2B transactions involving logistics solutions and ingredient sourcing. The company's revenue model includes both one-time orders and ongoing contracts, tailored to client demands based on the volume and logistics services provided, alongside the management of over 75 million pounds of inventory. Looking ahead, Sweeteners Plus, Inc. plans to enhance its product offerings and expand its market reach.
Recent funding from the Buyout in May 2019 will support initiatives aimed at new product launches and entry into additional geographic markets. The company is focusing on strengthening its logistics capabilities and establishing a presence in new regions, although specific markets and timelines have not been disclosed.
Current Investors
Graycliff Partners
Primary Industry
Food
Sub Industries
Other Food Products
Website
www.sweetenersplus.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Sweeteners Plus, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Sweeteners Plus, Inc. | - |
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