TNT Crust LLC
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TNT Crust LLC - overview
Established
1981
Location
Green Bay, WI, US
Primary Industry
Food
About
TNT Crust LLC specializes in providing high-quality pizza crust solutions for the foodservice industry, catering to various clients including pizzerias and restaurants across North America. Founded in 1981 and headquartered in Green Bay, US, TNT Crust LLC focuses on delivering specialized pizza crust products. The company was acquired by General Mills from Peak Rock Capital in June 2022, allowing it to leverage new resources for growth. The founder's details are not publicly available, nor have there been specific mentions of prior ventures or subsidiaries.
TNT Crust LLC offers a variety of pizza crust products tailored for the foodservice sector. Their flagship items, including Gold Medal™ All Trumps™ Dough Balls, simplify the preparation of traditional New York-style pizza with six simple ingredients. Additionally, the BONICI® line provides parbaked pizza crusts and flatbreads, ensuring convenient freezer-to-oven solutions that meet industry standards for taste and quality. The revenue for TNT Crust LLC is generated through B2B sales relationships with clients in the foodservice industry, including restaurants, educational institutions, and healthcare facilities.
Customers buy products like Gold Medal™ Dough Balls and BONICI® crusts in bulk, often structured around volume purchase agreements, which ensures a steady revenue stream as clients rely on these products for operational efficiency. Following the acquisition in June 2022, TNT Crust LLC is expected to utilize its cash reserves and short-term borrowings to enhance its product offerings and expand into new markets. While specific upcoming products or geographical targets have not been disclosed, the acquisition by General Mills positions TNT Crust for strategic growth initiatives aimed at increasing market penetration and product innovation.
Primary Industry
Food
Sub Industries
Bakery Products, Snack Foods, Food & Beverage Distribution
Website
www.tntcrust.com
Verticals
E-commerce, Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
TNT Crust 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | TNT Crust LLC | - | ||||||||
| Buyout | Completed | TNT Crust LLC | - |
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