Gillco Ingredients
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Gillco Ingredients - overview
Established
1982
Location
San Marcos, CA, US
Primary Industry
Food
About
Based in California, US, and founded in 1982, Gillco Products, Inc. doing business as Gillco Ingredients operates as a manufacturer of food ingredients for the food and nutrition industry. In May 2023, the firm was fully acquired by Azelis Group NV, a portfolio company of EQT, Public Sector Pension Investment Board, and Mawer Investment Management. The firm as of May 2023, is led by its owner, Bill Gillies.
The company offers a range of ingredients catering to various applications, ranging from natural antimicrobials and prebiotic soluble fibers to gum systems, and nut milk alternatives. Other ingredients offered by the company include antioxidants, chocolates, cocoa powder, oils and shortenings, emulsifiers and enzymes, specialty proteins, starches, sweeteners, and specialty products. Gillco mainly serves the food industry, including bakery, culinary, beverage, dairy, and nutraceutical markets. The business also focuses on developing insight to offer their clients new concepts and remedies, as well as technical expertise to help clients select the right combination of ingredients for any application.
The company as of May 2023, has a distribution operation in 8 states including Portland in Orlando, Fontana, Vernon, and San Leandro in California, Denver in Colorado, Kansas City in Kansas, Franklin in Illinois, etc.
Current Investors
Azelis S.A.
Primary Industry
Food
Sub Industries
Other Food Products
Website
www.gillco.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Gillco Ingredients - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Gillco Ingredients | - |
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