Keyport LLC

Edmonds, Washington

Classification

Private

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

About

About

Keyport LLC is a family-owned seafood company headquartered in Edmonds, Washington, founded in 1997 by Darryl Pedersen. The company specialize in wild-caught seafood, especially crab products, processing, and wholesale distribution across the United States. Keyport is vertically integrated (from ocean to table). They serve multiple customer types: seafood distributors, retailers, restaurants, etc. Their product lines include a variety of crab species (King, Snow, Dungeness), plus other wild seafood. Product / Service Line Breakdown: 1. Wholesale Crab Products - Keyport supplies several types of crab species in large / bulk / wholesale quantities. These include: Red King Crab, Golden King Crab, Snow Crab, Dungeness Crab. 2. Wild Choice Seafood Products - A branded line of frozen wild-caught seafood (other than just crab), for sale via wholesale channels. 3. Entrées (Prepared / Value-Added Products) - Under the Wild Choice label, they offer more processed or ready-to-cook / ready-to-serve options (entrées). These likely involve some processing beyond raw frozen seafood. 4. Frozen Seafood (Non-Crab Species) - They also process and distribute non-crab wild species, such as salmon, cod, sablefish etc. 5. Custom Cuts & Packaging - They offer specialized cuts (e.g. portions, legs, clusters), and custom packaging to suit retailer, restaurant, or distributor requirements. 6. Ocean Harvest / Sourcing - This includes sourcing wild-caught seafood, managing fisheries relationships, ensuring sustainability, handling harvesting in arctic / cold water fisheries (e.g. Bering, Barents seas) for King crab etc. 7. Processing & Freezing - Processing of harvested seafood: cleaning, cutting, freezing, packaging for wholesale distribution. This is part of their "ocean to table" control. 8. Distribution / Logistics - Delivering frozen seafood products to restaurants, retailers, and distributors across the U.S. Maintaining cold-chain, handling transportation, etc.

Keywords

Keywords

Classified

Private