Blossom Valley Foods, Inc.

Gilroy, California

About Blossom Valley Foods, Inc.

Company overview

Blossom Valley Foods is a food manufacturing company established in 1933, with its headquarters located in Gilroy, California. The company originated as a distributor of fresh fruits before expanding into manufacturing operations focused on sauces, condiments, syrups, and juices. Business/Product Breakdown Blossom Valley Foods functions as a co-packer and manufacturer specializing in sauces, condiments, syrups, and juices, delivering customized production services to meet client specifications. Its offerings encompass a variety of co-packing options for these product categories, enabling the creation of items for private labels and branded lines distributed through grocery stores worldwide. The company produces its own branded products, including The Pepper Plant line of hot sauces, condiments, barbecue sauces, and salsas; Old Recipe Brand non-alcoholic cocktail mixes; and Treasure Island vinegars such as white distilled, red wine, apple cider, and champagne white wine varieties. These products support applications in retail, foodservice, and consumer markets, with manufacturing capabilities that include low-acid canning licensed by the State of California, organic certification from the Quality Assurance International, and kosher production options.

Keywords

Revenue

Revenue

Profit

Profit

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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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

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

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%

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