Van Leeuwen Ice Cream LLC

Brooklyn, New York

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

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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