J&K Ingredients LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
J&K Ingredients LLC is a food ingredients company founded in 1899, with its headquarters located in Paterson, New Jersey. The company was acquired by funds advised by SK Capital Partners in November 2023 from CORE Industrial Partners. Business/Product Breakdown J&K Ingredients LLC manufactures and supplies natural, organic, and clean label ingredients primarily for the bakery, food and beverage, and pet food sectors, with a focus on food preservation solutions. The company offers products such as natural mold inhibitors including Bred-Mate for bakery shelf life extension, SOR-Mate as a clean label alternative to potassium sorbate for applications in bakery, beverages, snacks, dairy, and pet food, and other specialty items like egg and milk replacements, emulsions, flavors, and bread bases. These ingredients are produced at three facilities in Paterson, New Jersey, and hold certifications including FDA, Halal, Kosher, FSSC 22000, and organic. The company provides technical formulation support, product development, customization, and consulting services to food and beverage manufacturers, wholesalers, distributors, and smaller operators, addressing factors such as shelf life, quality, texture, and compliance requirements.
Keywords
Keywords
Classified
Private