H-E-B LP

San Antonio, Texas

About H-E-B LP

Company overview

H-E-B is a supermarket chain that has established itself as a leading player in the retail and grocery industry. H-E-B operates a vast network of grocery stores and retail outlets across various regions. With a strong commitment to providing exceptional customer experiences, quality products, and community engagement, H-E-B has become a trusted name in the retail sector. The company's diverse product offerings, innovative services, and focus on sustainability contribute to its ongoing success in serving the needs of consumers across different segments. Product Breakdown: Grocery Products: H-E-B's core product line comprises a wide range of grocery items that cater to the diverse needs of its customers. This includes fresh produce, dairy products, bakery items, meat and seafood, packaged goods, canned foods, beverages, and more. The company places an emphasis on offering high-quality, locally sourced, and organic products, ensuring that customers have access to a variety of options to meet their dietary preferences and nutritional requirements. Private Label Brands: H-E-B has developed an extensive portfolio of private label brands that offer affordable yet high-quality alternatives to national brands. These private label products span various categories, including pantry staples, household essentials, personal care items, and more. By offering these private label options, H-E-B provides customers with a cost-effective choice while maintaining product quality and value. Meal Solutions and Prepared Foods: Recognizing the changing lifestyles of its customers, H-E-B provides meal solutions and prepared foods to make cooking and dining more convenient. The company offers ready-to-cook meal kits, pre-prepared dishes, and freshly made deli items. These offerings cater to busy individuals and families seeking quick and wholesome meal options without compromising on taste and nutrition. Health and Wellness Products: H-E-B extends its product range to include health and wellness items, such as vitamins, supplements, over-the-counter medications, personal care products, and beauty essentials. The company's commitment to supporting customers' well-being is reflected in the availability of these products, which aim to promote a holistic approach to health. Digital Services and Grocery Delivery: Keeping up with technological advancements and changing consumer preferences, H-E-B offers digital services that enhance the shopping experience. This includes online ordering, curbside pickup, and home delivery services for groceries and other products. The convenience of these services aligns with the evolving needs of customers seeking flexible ways to shop.

Keywords

Revenue

Revenue

EBITDA

EBITDA

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--------------------
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Jane DoeEmployee--------------------
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John DoeEmployee--------------------
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John DoeEmployee--------------------
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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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