Thrive Life, LLC
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Thrive Life, LLC - overview
Established
2004
Location
American Fork, UT, US
Primary Industry
Food
About
Based in Utah, US, and founded in 2004, Thrive Life, LLC operates as a food manufacturing company. The company was founded by its Chief Executive Officer Steve Palmer and Chief Marketing Officer Jason Budge. In December 2021, Entrepreneurial Equity Partners and Mubadala Capital invested in Thrive Life, LLC. Thrive manufactures and sells freeze-dried and dehydrated foods that are free of artificial additives, including freeze-dried proteins, pet treats, ingredients, fruits, meats, sauces, probiotics, enzymes, snacks, seasonings, and ready-to-eat meals.
The company offers its products under brands: Thrive Life and PEAK Refuel. Thrive Life, LLC plans to use the investment to support and accelerate its continued growth.
Current Investors
Mubadala Investment Company, Entrepreneurial Equity Partners, Thrive Freeze Dry
Primary Industry
Food
Sub Industries
Other Food Products, Canned/Frozen Fruit & Vegetables
Website
www.thrivelife.com
Verticals
E-commerce, Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
Thrive Life, LLC - 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 | Completed | Canature Processing Ltd. | - | ||||||||
| Add-on, Trade Sale | Completed | Freeze-Dry Foods | - | ||||||||
| Merger | Completed | Mercer Foods, LLC, Thrive Life, LLC | - | ||||||||
| Growth | Completed | Thrive Life, LLC | - |
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Thrive Life, LLC - employee data
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