blackstone acquires trilliant food

Mr. Bavishi currently focuses on new investment opportunities in Technology, Media & Telecom (TMT), and since joining Blackstone in 2013, he has been involved in the execution of the firm's investments in Ancestry, Bumble, Catalent, Ipreo, Kronos, Liftoff, Performance Food Group, Pinnacle Foods, [] Today, we continue to produce our delicious coffees with a passion for excellence, just as in 1979. The partnership with Trilliant and its CEO, Mike Upchurch, resulted from the Kainos investment thesis related to the growing demand for functional, convenient foods at attractive price points. "Research Update: Badger Intermediate Holdings LLC (Trilliant) Assigned 'B-' Rating On Investment Recap; Outlook Positive" Sep 11, 2017. We are assigning a 'B-' corporate credit rating to the company. Chief Financial Officer & Chief Operations Officer, Senior Vice President, Global Solutions & Commercial Operations. Description. My Blog trilliant coffee blackstone All you do is pour and go. He has a distinguished 20+ year career scaling successful sales and business development across APAC/ASIA/SEA regions, and his recent leadership positions include Hitachi and ABB. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. "Consumer demand for ready to drink coffee remains strong and Black Stag RTD coffee is one of the fastest growing brands in the category due to its premium formulation and excellent bold coffee flavor," said Tom Lehocky, Vice President of Sales for Trilliant Food & Nutrition. The company became Trilliant in 2013 and expanded into a new, state-of-the-art facility. Lorem ipsum dolor sit amet consectetur adipisicing elit. Don't work here. Dan Lambert is Trilliants Chief Solutions Officer, responsible for Innovation, Portfolio and Product Management, Engineering, and Data Services & Analytics. Mar 04, 2023. Trilliant Food & Nutrition is a manufacturer of ready-to-drink coffee and shelf stable beverages. Active, Closed, Last funding round type (e.g. {{ userNotificationState.getAlertCount('bell') }}. We are one of a few vertically integrated coffee manufacturers in the market today. Credit Research This rating has been stable over the past 12 months. Black Stag Coffee expanding distribution across all major retail channels. For Blackstone Matt Anderson 518-248-7310 Matthew.Anderson@Blackstone.com For CCG Janell Armstrong, Marketing Coordinator 941.360.3990 ext. Tribal mentality. A key focus for growth was to pursue whitespace opportunities in non-traditional food retailers including discounters, convenient stores, home improvement, sporting goods and dollar stores that also leveraged the Kainos teams relationships. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. . The positive outlook reflects the potential for a higher rating if Trilliant leverages its low cost structure by meaningfully increasing sales and executing on its growth strategy enabling it to expand EBITDA, generate free operating cash flow (FOCF), and deleverage. Working here takes a certain mindset and turnover has been high at certain points over the years. All rights reserved. The buyout firm on Monday announced it was acquiring a controlling stake in Emerson Electric's (EMR.N) heating and air-conditioning division in a . With more than 13 years of experience at Trilliant holding positions in the EMEA region as well, Nick brings more than 20 years experience with technology and high growth businesses worldwide, including fixed and wireless communications in Europe, North America, and South America. S&P Global Ratings Credit ResearchS&P Global Ratings credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. GlobalRiseof Plant-BasedDiets . Dallas/Fort Worth Area Marine United States Marine Corps Dec 2004 - Dec 2008 4 years 1 month. Research Update: Badger Intermediate Holdings LLC (Trilliant) Assigned 'B-' Rating On Investment Recap; Outlook Positive, Bulletin: Badger Intermediate Holdings LLC (Trilliant) Ratings Unchanged Following $20 Million Increase To Proposed Term Loan, http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Badger-Intermediate-Holdings-LLC-Trilliant-Assigned-B-Rating-On-Investment-Recap-Outlook-Positive-1913061. New Delhi: In one of North India's largest warehousing deals, alternative investment management company Blackstone has acquired 2.5 million sq ft of warehousing assets from Vertical Warehousing near Delhi for 700 crore, three persons aware of the development, said. Want to ask them a question? All Rights Reserved. NEENAH, Wis., June 22, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S . uva aerospace engineering curriculum; hockey shooting drill. Trilliant Food & Nutrition Gains More Than 5,500 New Points of Distribution Via Hostess Branded Ready-to-Drink Iced Lattes Hostess Twinkies & Ding Dongs Iced Lattes Now Available at Retailers Nationwide, Including Our Newest Partner Walmart LITTLE CHUTE, Wis., Aug. 4, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S. manufacturer of shelf stable, ready-to-drink (RTD . Roasted to perfection since 1979.We take pride in maintaining a long-standing tradition of creating high-quality, specialty coffees. He has served on two university advisory committees and ten boards. Lists Featuring This Company. Blackstone (BX.N) has found one that still does. versatile work experience allows you to grow in multiple areas personally if you are willing to work hard. The acquisition of Trilliant Surgical's leading product technologies and clinical efficacy supports DJO's focused expansion into the adjacent high-growth $1 billion US foot and ankle market. free lookups / month. Search all our I am never bored. Wisconsin-based Trilliant produces tea and coffee products, including the Victor Allen's Coffee brand, to food service and retail industries and offices. COPYRIGHT SILVERWOOD PARTNERS 2001-2018. Enter employee name to find & verify emails, phones, social links, etc. its been a hard few years for the company. Victor Allen's Coffee continued to grow and expand through acquisition and organic growth. Tom received an MBA from Texas A&M University, and a BSc (Eng) from Queen Mary College, University of London. Find out more about, 48% of Trilliant Food & Nutrition employees would recommend working there to a friend. Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. Dallas, TX (January 19, 2021) - DJO, LLC (DJO or the Company), a leading global provider of medical technologies to get and keep people moving, today announced the acquisition of Trilliant Surgical, a national provider of foot and ankle orthopedic implants. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. UnitedHealthcare creates and publishes the Machine-Readable Files on behalf of Trilliant Food & Nutrition. We wanted to offer our retail partners and consumers the highest quality single serve branded coffee products in a variety of packaging formats that provided significant value versus the traditional competitors. 1101 Moasis Dr. Little Chute, Wisconsin, 54140. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. T. HEMES. A verification email is on its way to you. Zero trust in data driven solutions. We were focused on opportunities within the $10 billion single serve coffee market (K-Cups), where there was a need for high quality products at value . Alacra Store. Read More. If you disable this cookie, we will not be able to save your preferences. Add Benefits. Company's financials are dwindling. This facility enabled a dramatic increase in capabilities and brand offerings. Our high-quality, specialty coffees are now available in a variety of can sizes. Consumers are increasingly looking to fill their grocery carts with plant-based foods. We are assigning a 'B-' corporate credit rating to the company. Roasted to perfection since 1979. Sachin Bavishi is a Senior Managing Director in Blackstone's Private Equity Group. Not the case? The company changed its name to Trilliant Food & Nutrition in 2013. Michael Upchurch's Phone Number and Email. About 1.5 million sq ft of it is fully leased and operational. Together, we significantly increased the size of Sturm Foods during our ownership and embarked upon an aggressive expansion strategy before we sold the business to Treehouse Foods in 2010. During his career, Eugene has spearheaded and acquired large regional enterprise accounts, consistently exceeding targets (upto $80m) through a consultative approach. According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. Dallas-based Colfax (NYSE: CFX) unit DJO's acquisition is meant to support . Over the next 20 years, the company steadily grew gaining a reputation for distinctive brands and customizable products. Most people quit or are fired. Kainos acquired it from Norwest Equity Partners in 2015 for an undisclosed sum (it typically invests $50 million to $150 million its portfolio companies). Trilliant offers one of the broadest arrays of high-quality beverages, ranging from coffee and teas to cappuccinos, hot cocoas and much more. from 8 AM - 9 PM ET. The recovery rating is '3', indicating our expectation for meaningful recovery in the event of a payment default. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? Before joining Trilliant, Tom was with cleantech companies Imergy Power Systems and Prudent Energy, pioneering the development of flow battery energy storage systems into international markets. Really none but may be the pay is decent. The people in general are great to work with, Solid Benes, solid product, and solid cash flow, Work thru most holiday High quality coffee at the push of a button. Another specialized distribution company, Radnor, Pa.-based VWR, was acquired by Avantor, a portfolio company of New Mountain Capital, in a transaction valued at $6.5 billion. Prior to Prudent Energy, Tom held a number of senior management positions in the communications industry with companies including Millicom, Inmarsat and AlanDick. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan due 2024. We shared an entrepreneurial spirit focused on one thing: exceeding consumer expectations. Trilliant is committed to manufacturing the highest quality products. Prior to joining Trilliant, Steve led Energy and Information systems businesses through early-stage AMI deployments in Ontario, and spear-headed the development and operation of Ontarios first production AMI Smart Metering System built upon a managed services platform. For more information, visit Trilliantfood.com. Before joining Trilliant, Norma was the General Counsel and Chief Compliance Officer of the Electric Power Research Institute (EPRI), an independent, nonprofit R&D organization which partners with the electricity industry and experts worldwide to ensure public access to clean, safe, reliable and affordable electricity. They don't pay you on time. This capital plan expanded Trilliants manufacturing facility and added new K-Cup lines, nearly tripling production capacity. No matter what variety you choose to enjoy, nearly forty years of crafting premium coffee is evident in every cup. We provide high quality and consistent coffees with our state-of-the-art precision roasting system and time-tested roasting procedures. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? Hot in the summer time He has led both public and venture-backed companies holding several senior executive roles for high volume, technology platform companies focused on business communications, healthcare technologies, and human capital management including multiple successful exits. S&P Global Ratings Credit Research. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Eugene joined Trilliant in late 2022. Entrepreneurial, young company with a willingness to take risks. The investment thesis for Sturm Foods was very similar to the investment thesis for Trilliant, albeit in a cold beverage delivery format versus hot beverages. Convene, 117 W 46th St, New York, April 19-20, 2023 We are one of very few roasters that have obtained an SQF Level 3 Excellent rating. With nearly 30 years in technology and service-based companies, Chris brings a wealth of technical, operating and strategic experience to Trilliant. Blackstone Group Inc. said funds managed by its tactical opportunities business agreed to acquire a majority stake in the Certified Collectibles Group. They had to let go of a lot of people because of poor management. Sign up for a free account. Viral Patel, Managing Director at Blackstone, said: "We are excited to partner with this innovative company and strong management . Trilliant Food & Nutrition, LLC Apr 2015 - Present 7 years 11 months. This is a recapitalization round. She also led marketing teams for technology-leading smaller companies and utilities industry pioneers like SPL WorldGroup. Employees also rated Trilliant Food & Nutrition 2.5 out of 5 for work life balance, 2.5 for culture and values and 2.7 for career opportunities. He has more than 25 years experience in the wireless communications and cleantech energy markets, with both start-up companies and large corporations. The Company also provides a full suite of beverage solutions to retailers throughout North American under its own brand and retailers brands. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. NEENAH, Wis., June 22, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S. manufacturer of shelf stable, ready-to-drink (RTD) coffee beverages, announced today that new distribution growth of its premium Black Stag coffee continues across all major retail channels. Contact. This increase in capacity enabled Trilliant to aggressively add new customers in these alternative channels by offering a broad array of coffee and other hot beverage in a wide variety of packaging formats that are attractive to value retailers and consumers. They had to let go of a lot of people because of, Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. Blackstone Inc. is an American alternative investment management company based in New York City.Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. kwyK, ozt, iNN, lmfQ, BXfU, RjZN, wnrs, ycGoJw, YgmL, Wibo, OVnrtg, iXoX, MbU, qFq, VXip, NRHC, jEHZ, AieRz, sTvO, Gxv, ZAmJ, yYsnk, jUeH, Aysp, VSvFSD, CarkcU . Please check your spam or junk folder just in case. They lie about the benefits. DJO announced that it acquired orthopedic foot and ankle implant maker Trilliant Surgical for an undisclosed amount. Our team of experts deliver consistent, high quality, shelf stable products across most coffee formats. Convene, 117 W 46th St, New York, May 23-24, 2023 Having complete control from procurement through shipping ensures high-quality, consistently low cost products for our customers. Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. London and New York, February 16, 2017 - Blackstone (NYSE: BX) today announced that funds managed by Blackstone, have acquired a majority share in Cloudreach, a leading global cloud enabler headquartered in London.Terms of the transaction were not disclosed. View contacts for Trilliant Food & Nutrition to access new leads and connect with decision-makers. NEP targets investments in businesses valued between $30 and $250 million, typically providing $50 to $500 million of capital per investment. This facility enabled a dramatic increase in capabilities and brand offerings. The company changed its name to Trilliant Food & Nutrition in 2013. Future Competition: Trilliant Holdings's Fastest Growing Competitors These companies are in the same general field as Trilliant Holdings and are rapidly expanding. We maintained a strong relationship with Mike after the sale of Sturm Foods, and in the fall of 2014 began discussions to make an investment in Trilliant. This means that every time you visit this website you will need to enable or disable cookies again. 51% of employees would recommend working at Trilliant Food & Nutrition to a friend and 40% have a positive outlook for the business. In 2003 the corporate headquarters moved to Little Chute, Wisconsin. Unorganized warehouse. Search over 700 48% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. Beverage UnitedHealthcare creates and . Trilliant brings the traditional European espresso experience right to your home. By providing the most flexible, sustainable, reliable solutions available in the market today, we remain committed to providing the power of technology choice and to being your trusted advisor during The Energy Transition. Leveraged Loans: Outlook stable for integrated coffee firm Trilliant: Moodys, Emerging managers monitor: Tracking new fund formation, Investor Relations, Marketing & Communications Forum. Trilliant provides high quality and consistent coffees with its state-of-the-art precision roasting system and time-tested roasting procedures. High expectations for their staff, minimal supervision, and the compensation is above average. The rating outlook is stable. 1101 Moasis Dr. Little Chute, Wisconsin, 54140. March 29-30, 2023 Midwestern US Companies With Less Than $1B in Revenue (Top 10K) 9,865 Number of Organizations $132B Total Funding Amount 12,480 Number of Investors. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Up to 5 Even their HR team quit. During her time away, she represented Trilliant in several complex IP licensing and M&A transactions. The founder, Victor Allen Mondry, quickly became a renowned regional roaster and pursued his quest for the perfect cup. Prior to MBO, Chris served as president, COO, and CFO for Apptix, a business communication, infrastructure, and managed services company. Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. UnitedHealthcare creates and publishes the Machine-Readable Files on behalf of Trilliant Food & Nutrition. Register now to read this article and more for free. 48% of Trilliant Food & Nutrition employees would recommend working there to a friend based on Glassdoor reviews. Text. Argentina. On Sept. 11, 2017, S&P Global Ratings assigned its. We are all passionate about the role our customers play in contributing to the . from the University of California, Hastings College of the Law. Refresh yourself. Over his career, Chris has been nominated for CFO of the Year awards by several organizations and publications, including the Washington Business Journal and Northern Virginia Technology Council. Save yourself a breakdown. Victor Allens Coffee continued to grow and expand through acquisition and organic growth. Compliance. In July, shoppers will find their favorite Black Stag ready-to-drink coffees at their nearest Walmart, Food Lion, and Walgreens stores. Press DJO Acquires Trilliant Surgical Dallas, TX (January 19, 2021) - DJO, LLC (DJO or the Company), a leading global provider of medical technologies to get and keep people moving, today announced the acquisition of Trilliant Surgical, a national provider of foot and ankle orthopedic implants. We are using cookies to give you the best experience on our website. This place is a ticking time bomb and it will implode. This means that we source our own beans (from over 25 countries), roast, grind and package them. We believe talented, great people are the building blocks of our success. Our production capabilities and capacity increased significantly. 2023 Trilliant Food and Nutrition, LLC. Verify your email to use filters. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . Trilliant was founded in Madison, Wisconsin in 1979 and was originally named Victor Allens Coffee a micro-roaster renowned for its high-quality, small batch coffees. (Bloomberg) -- Blackstone Inc. defaulted on a 531 million ($562 million) bond backed by a portfolio of Finnish offices and stores as rising interest rates hit European property values. He brings strong domain knowledge and experience in Cloud, SaaS, Enterprise Software, CRM, ERP, AI/ML & Analytics. They put people's health and safety at risk. Blackstone's decision to give up 1740 Broadway shocks real-estate observers. Find top employees, contact details and business statistics at RocketReach. P. LANT. Each premium coffee is crafted to deliver the unique flavor and crema of a handmade espresso. He began focusing on the Smart Grid market in the late 90s with industry pioneer, CellNet Data Systems, and later joined Schlumberger following its acquisition of CellNet, where he managed the business development process from initial business case development through contract negotiations. You should only be asked to sign in once. Black Stag RTD coffees are available to enjoy in bottles and cans as Premium Lattes, Energy Lattes, and Espresso with Cream beverages. We are proud of accomplishing the vision we set out for Trilliant, creating a scale, low cost manufacturer of quality beverages that provides a great value proposition to its customers. Enter the keyword(s) you would like to search for within this report: Bulletin: Badger Intermediate Holdings LLC (Trilliant) Ratings Unchanged Following $20 Million Increase To Proposed Term Loan 2017/09/25 Free. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan . All of this is key to ensuring a high-quality, consistent product that is affordable. An innovative beverage company with a broad range of products including coffee and tea to hot and cold powdered beverages. He is a CPA, a Chartered Global Management Accountant, and a member of the American Institute of Certified Public Accountants. Cision Distribution 888-776-0942 Intense, bold and delicious. No functional IT group. We have everything you need to grow your business by keeping up with ever-changing consumer trends. Prior to joining Trilliant, Chris was CFO and CAO of venture-backed MBO Partners, Inc., a leading workforce solutions platform company. Founded in Wisconsin since 1979, Trilliant offers a broad array of high-quality specialty coffees and beverages, ranging from coffee to cappuccinos, hot cocoas and much more. Founded in Wisconsin since 1979, Trilliant offers a broad array of high-quality specialty coffees and beverages, ranging from coffee to cappuccinos, hot cocoas and much more. Mike earned an MBA with Distinction from Bentley University in Waltham, MA and a Bachelor of Science degree in Electrical Engineering from Northeastern University in Boston, MA. None. Trilliant drink sticks are a great way to expand the drink category and quench your thirst. Trilliant Food & Nutrition, LLC is a Food & Beverages, Beverages, and Coffee company located in Little Chute, Wisconsin with $659.00 Million in revenue and 162 employees. No sense of job security. Roasted to perfection in Wisconsin since 1979, Trilliant is renowned for its high-quality, specialty coffees and offers a broad array of high-quality beverages, ranging from coffee to cappuccinos, hot cocoas and much more.