PureField Ingredients
Classification
Private
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
About
About
PureField Ingredients is a privately-held producer of wheat protein that distributes more than 50 million pounds of wheat protein each year directly to leading consumer food companies and pet food companies and through qualified national distribution partners. PureField Ingredients includes the largest vital wheat gluten manufacturing facility in North America, and one of the most cost-efficient ethanol production facilities in the United States. It operates there primary lines of business: Food Ingredients: PureField Ingredients sells vital wheat gluten under the Heartland brand name. Heartland is the most trusted brand of vital wheat gluten in America, delivering high quality, high protein ingredients to leading consumer food and pet food manufacturers. Heartland is sold through national distributors and direct to large food manufacturers. Biofuels: PureField Ingredients produces ethanol with the lowest carbon intensity ratings in the nation. Its clean, high-octane fuel plays an important role in helping the United States reduce harmful emissions and lower the cost of gasoline. PureField Ingredients transports more than half of its ethanol to West Coast markets where low carbon fuel is in high demand. Animal Nutrition: During the production of food ingredients and biofuels, PureField Ingredients captures byproducts that are converted into animal nutrition products with high sources of protein and fiber. These high-quality, low-cost products including wet distillers grains, dry distillers grains, and wheat midds are an alternative to traditional livestock feed. PureField Ingredients was rebranded from White Energy's Food Ingredients and Biofuels Business that Strategic Value Partners purchased from White Energy in April 2019. PureField Ingredients was founded in 2019. PureField Ingredients headquarters are located in Russell, Kansas. PureField Ingredients was formerly known as White Energy's Food Ingredients and Biofuels Business.
Keywords
Keywords
Classified
Private