Van Leeuwen Ice Cream LLC
Classification
Private
About
About
Van Leeuwen Ice Cream, founded in 2008 by Ben Van Leeuwen, Pete Van Leeuwen, and Laura O'Neill, began as a yellow ice cream truck on the streets of New York City and has grown into a nationally recognized artisanal ice cream brand. Headquartered in Brooklyn, New York, the company operates shops across multiple states, including New York, California, Texas, Pennsylvania, Colorado, Connecticut, New Jersey, and Washington, D.C., with plans for further expansion into states like Florida and Nevada. Van Leeuwen offers both classic and vegan ice cream options, emphasizing happiness as a form of healthiness through high-quality, simple ingredients. The company has evolved from its street vending origins to include nationwide grocery store distribution (e.g., Whole Foods, Walmart) and online shipping, reflecting its mission to make premium ice cream accessible. Business/Product Breakdown Van Leeuwen Ice Cream specializes in artisanal ice cream and vegan alternatives, crafted with natural, high-quality ingredients such as milk, cream, eggs, cane sugar, and plant-based options like coconuts, cashews, and oats. The product line includes a wide range of flavors, from traditional vanilla bean and chocolate to innovative options like Kraft Mac & Cheese, Hidden Valley Ranch, and pizza-flavored ice cream, appealing to diverse tastes. Additional offerings include ice cream bars, sandwiches, and party packs, available at scoop shops, grocery stores, and through nationwide shipping via its website. The company prioritizes simple, pronounceable ingredients sourced globally - e.g., Sicilian pistachios and Papua New Guinea vanilla-avoiding stabilizers and gums. Van Leeuwen serves ice cream enthusiasts, vegans, and event planners. Revenue is generated through direct sales at scoop shops, retail partnerships, and e-commerce.
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
Keywords
Keywords
Classified
Private