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Sol Cuisine Inc.

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Year established

1980

Location

Mississauga ON Canada

Primary Industry

Food

About

Founded in 1980 and based in Ontario, Canada, Sol Cuisine Inc., formerly known as Platform 9 Capital Corp., is a producer of branded, consumer-preferred plant-based protein offerings across key center-of-plate and appetizer categories. John Flanagan is the CEO of the company. In August 2020, a consortium of investors led by BDC Capital, alongside Export Development Canada, InvestEco Capital, New Acres, Planted Power, and individual investors invested CAD 10 million in Sol Cuisine Inc. The company provides a wide range of organic food products such as burgers, fillets, meatballs, tofu, chicken wings, appetizers, entrees, and other frozen and fresh meat alternatives. The firm also offers an online website where they offer breakfast, lunch, and dinner recipe meals and ingredients for the customers. The organization generated revenue of CAD 17.2 million in the nine months ending of 2021.
Primary Industry
Food
Sub Industries
Snack Foods, Meat, Poultry & Seafood Products
Website
www.solcuisine.com
Verticals
E-commerce
Company Stage
Acquired
Total Amount Raised
Subscriber access only

Deals

Deals Type
Trade Sale
IPO
Growth
Growth
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)
Completed Sol Cuisine Inc. 11 Nov 2021
Completed Sol Cuisine Inc. 07 May 2021
Completed Sol Cuisine Inc. 13 Aug 2020
Completed Sol Cuisine Inc. 03 May 2018
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