Urban Accents, Inc.

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.

Urban Accents, Inc. - overview

Established

1996

Location

Chicago, IL, US

Primary Industry

Consumer Products

About

Urban Accents, Inc. is a gourmet food company based in the US, specializing in innovative meal solutions and flavor-enhancing products for home chefs and culinary enthusiasts. Urban Accents, Inc. operates from its headquarters in Chicago, US, and was founded in 1996.


The company focuses on providing high-quality gourmet food products. Tom Knibbs, one of the founders, has a history of entrepreneurial ventures. In March 2021, Urban Accents was acquired by Stonewall Kitchen, LLC, a portfolio company of Audax Group, allowing for enhanced product development. Urban Accents specializes in a diverse range of gourmet food products, primarily focusing on meal planning and preparation solutions designed for home chefs and culinary enthusiasts.


Their core offerings include spice blends, seasoning mixes, and specialty popcorn products that cater to a variety of cooking styles and preferences. These products are intended to enhance the flavor of everyday meals, thus solving the common challenge of meal preparation by providing flavorful and convenient options for breakfast, lunch, dinner, and snacks. Urban Accents markets its products to both retail consumers and food service professionals, positioning itself in geographical markets such as the United States and select international locations, where demand for high-quality culinary products thrives. Urban Accents generates revenue through multiple channels, including direct-to-consumer sales, retail partnerships, and wholesale arrangements.


The sales structure involves transactions through various retail outlets, where customers purchase individual items or bundled products for home use. Additionally, Urban Accents engages in partnerships with food service businesses that incorporate their products into their menus. Their pricing strategy includes competitive pricing for flagship offerings, such as unique spice blends and gourmet popcorn, appealing to both individual consumers and businesses seeking premium culinary solutions. Following its acquisition in March 2021, Urban Accents, Inc.


plans to leverage resources for continued product development. The company aims to introduce new gourmet products and expand its market presence, focusing on specific regions both domestically and internationally. The support from the acquisition will enable Urban Accents to enhance its product line and reach a broader audience, ensuring that it meets the evolving demands of the culinary market.


Current Investors

Stonewall Kitchen, LLC

Primary Industry

Consumer Products

Sub Industries

Consumer Products, Other Food Products

Website

www.urbanaccents.com

Verticals

E-commerce, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Urban Accents, Inc. - 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-onCompletedUrban Accents, Inc.-

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.