MiDAS Foods International 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
Midas Foods International is a global food manufacturing company specializing in the creation and production of custom dry-blend culinary systems for the foodservice, retail, and industrial food processing industries. Headquartered in Oak Park, Michigan, the company focuses on delivering high-quality, chef-inspired formulations that simplify food preparation while maintaining authentic, "scratch-made" flavor and consistency. Midas Foods develops innovative dry-mix systems that include sauces, gravies, soups, and seasonings, helping food brands and restaurants achieve operational efficiency and consistency in flavor across large-scale operations. Products and Services: 1. Dry-Blend Sauces, Gravies, and Glazes - Custom dry-mix formulations designed to recreate high-quality sauces, glazes, and gravies quickly and consistently in foodservice or manufacturing environments. 2. Soups, Stocks, and Broths - Dry-base systems used for creating soups and foundational broths that replicate the depth and flavor of traditional scratch-prepared recipes. 3. Seasonings and Spice Mixes - Custom spice blends, rubs, and dry seasonings tailored for both retail and foodservice applications, including private-label formulations. 4. Dessert and Beverage Mixes - Dry-blend systems for desserts, puddings, and specialty beverage bases developed to meet diverse consumer flavor preferences. 5. Custom Formulation and Product Development - R&D services that include culinary innovation, flavor engineering, and proprietary blend development to meet specific client needs. 6. Private Label and Contract Manufacturing - End-to-end manufacturing support for food brands, including proprietary production, formulation protection, and scalability. 7. Retail and Foodservice Packaging Solutions - Flexible packaging capabilities, such as shaker bottles and retail pouches, designed to serve various market channels. 8. Global Food Safety and Quality Assurance Services - Certified manufacturing processes that ensure product safety, consistency, and compliance with international food standards.
Keywords
Keywords
Classified
Private