blackstone acquires trilliant food

Verify your email to use filters. Today, we continue to produce our delicious coffees with a passion for excellence, just as in 1979. Prior to Prudent Energy, Tom held a number of senior management positions in the communications industry with companies including Millicom, Inmarsat and AlanDick. You can take on a lot of different responsibilities. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. About 1.5 million sq ft of it is fully leased and operational. Consumers are increasingly looking to fill their grocery carts with plant-based foods. It's the kind of place where you can make a difference and see a payoff for your work. No long term vision. trilliant coffee blackstoneshantae gba enhanced mode. Has been acquired by An industry focused division of. The rating outlook is stable. Glassdoor gives you an inside look at what it's like to work at Trilliant Food & Nutrition, including salaries, reviews, office photos, and more. No real training. He joined Trilliant in 2006, bringing more than 30 years of RF communications network expertise, plus 20+ years of experience in smart grid network and software 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 price points for more price conscious consumers that were underserved by more expensive branded alternatives. 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. Find out more about, 48% of Trilliant Food & Nutrition employees would recommend working there to a friend. This facility enabled a dramatic increase in capabilities and brand offerings. Roasted to perfection since 1979.We take pride in maintaining a long-standing tradition of creating high-quality, specialty coffees. the corporate headquarters was moved to Little Chute, Wisconsin. For more information, visit Trilliantfood.com. None. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. 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. Dallas/Fort Worth Area Marine United States Marine Corps Dec 2004 - Dec 2008 4 years 1 month. Sign up for a free account. {{ userNotificationState.getAlertCount('bell') }}. Prior to joining Trilliant, Chris was CFO and CAO of venture-backed MBO Partners, Inc., a leading workforce solutions platform company. We believe in finding the right people, with the right attitude, and providing them with opportunities to excel. Blackstone is investing approximately $290 million into U.S.-based Badger Intermediate Holdings LLC (Trilliant Food&Nutrition LLC), effecting a recapitalization of the company. Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. They lie about the benefits. refinished bath solutions; what is the scientific instrument used to measure latitude; christmas word search for 4th grade They are not authored by Glassdoor. Abusive employees. You can find out more about which cookies we are using or switch them off in settings. Black Stag RTD coffees are available to enjoy in bottles and cans as Premium Lattes, Energy Lattes, and Espresso with Cream beverages. Copyright 2001-2023 Trilliant Holdings Inc. and its subsidiaries. 236 [email protected] Site Navigation Home 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. Manufacturer of coffee and powdered beverages intended to serve retail, foodservice and corporate customers. (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. Intense, bold and delicious. Norma recently rejoined Trilliant as General Counsel and Corporate Secretary, a position she held from 2012 through 2019. Our company was founded in Madison, Wisconsin in 1979 as Victor Allens Coffee a micro-roaster renowned for its high-quality, specialty coffees. Chris Mack joined Trilliant in 2021 as both CFO and COO. Click Trilliant Food & Nutrition, LLC Information. He is a CPA, a Chartered Global Management Accountant, and a member of the American Institute of Certified Public Accountants. 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. They had to let go of a lot of people because of poor management. 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. 2013 New Name New State-of-the-Art Facility. 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. Companies may grow organically or through acquisition. 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. If you are seeking for a long term employment with stability this is not the right place. The most transformative initiative we undertook with Mike and the Trilliant team from day one of our partnership was a $100 million capital project plan. Trilliant provides a value proposition to our private label customers that is unique in the industry. During his tenure, Andy has led businesses for major infrastructure and communications projects in Congo, Egypt, Saudi Arabia, Iraq, Dominican Republic and Algeria. Moody's also tacked a B3 rating on to Trilliant's new $250 million seven-year senior secured term loan. I am never bored. 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. "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. 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. Up to 5 Working here takes a certain mindset and turnover has been high at certain points over the years. Tricie is a seasoned human resource professional with more than 20 years of extensive HR expertise gained through experiences in contract manufacturing, non-profit and technical recruitment industries. 2023 Trilliant Food and Nutrition, LLC. This place is a ticking time bomb and it will implode. No matter what variety you choose to enjoy, nearly forty years of crafting premium coffee is evident in every cup. Dan received his Bachelor of Science from the U.S. Air Force Academy and holds a Global Strategic Management Certification from Harvard Business School. As the Managing Director for Americas, Nick is responsible for expanding the industry and leadership in both the United States and Latin America regions. Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. free lookups / month. Trilliant Food & Nutrition announced a private placement of common shares with The Blackstone Group Inc. (NYSE:BX) for gross proceeds of $291,000,000 on September 12, 2017. UnitedHealthcare creates and publishes the Machine-Readable Files on behalf of Trilliant Food & Nutrition. UnitedHealthcare creates and . All of this is key to ensuring a high-quality, consistent product that is affordable. Viral Patel, Managing Director at Blackstone, said: "We are excited to partner with this innovative company and strong management . 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. Center of Store / Shelf Stable During her time away, she represented Trilliant in several complex IP licensing and M&A transactions. Select Black Stag items are also now available at most Sam's Club and BJ's Wholesale Club locations. High quality coffee at the push of a button. Having complete control from procurement through shipping ensures high-quality, consistently low cost products for our customers. Mar 04, 2023. We are assigning a 'B-' corporate credit rating to the company. In 2003, a new, state-of-the-art facility was built and. According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . With nearly 30 years in technology and service-based companies, Chris brings a wealth of technical, operating and strategic experience to Trilliant. P. LANT. Prior to Trilliant, Andy served as a General Electric (GE) corporate officer and as President and CEO of several GE businesses. Eugene joined Trilliant in late 2022. A link has been emailed to you - check your inbox. Blackstone Group is filtering $290 million into Trilliant to enable existing holders to cash out and give the company cash to pay down existing debt and make capital investments. Blackstone (BX.N) has found one that still does. Private Label, 214.740.7300 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 . versatile work experience allows you to grow in multiple areas personally if you are willing to work hard. 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. 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 . The founder, Victor Allen Mondry, quickly became a renowned regional roaster and pursued his quest for the perfect cup. Tribal mentality. This facility enabled a dramatic increase in capabilities and brand offerings. Alacra Store. In some cases apparently high growth rates may be caused by data that weren't available in previous years. Email. Previously, Michael was a Mar ine at U.S. Marine Corps. Our high-quality, specialty coffees are now available in a variety of can sizes. COPYRIGHT SILVERWOOD PARTNERS 2001-2018. Entrepreneurial, young company with a willingness to take risks. Leadership is struggling. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Michael Upchurch is a Director, Business Development at Trilliant Food & Nutrition based in Little Chute, Wisconsin. They put people's health and safety at risk. <. Trilliant also has distribution and R&D facilities in Wisconsin, New Mexico and Minnesota with more locations coming very soon. And when it comes to delivering value, Trilliant is beyond comparison. View contacts for Trilliant Food & Nutrition to access new leads and connect with decision-makers. "Our retail partners also value that we manufacture Black Stag in our own production facility which eliminates many of the supply challenges other brands are experiencing," added Lehocky. 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. Marine Corps Air Station Miramar . Our high-quality, specialty coffees are now available in a variety of can sizes. No functional IT group. Find out more about salaries and benefits at Trilliant Food & Nutrition. Funds are typically used to fund management buyouts, recapitalizations, and . Jun 22, 2022, 08:17 ET. Find More Contacts for Trilliant Food & Nutrition, Edit Lists Featuring This Company Section, Midwestern US Food and Beverage Companies, Great Lakes Companies With More Than 100 Employees (Top 10K). Trilliant Food & Nutrition, LLC Apr 2015 - Present 7 years 11 months. Trilliant Food & Nutrition General Information. On Sept. 11, 2017, S&P Global Ratings assigned its. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. According to reviews on Glassdoor, employees commonly mention the pros of working at Trilliant Food & Nutrition to be coworkers, benefits, compensation and the cons to be senior leadership, career development, management. Trilliants manufacturing facilities contain the most current, high-speed equipment. Argentina. Cision Distribution 888-776-0942 Leveraged Loans: Outlook stable for integrated coffee firm Trilliant: Moodys, Emerging managers monitor: Tracking new fund formation, Investor Relations, Marketing & Communications Forum. Read employee reviews and ratings on Glassdoor to decide if Trilliant Food & Nutrition is right for you. He brings strong domain knowledge and experience in Cloud, SaaS, Enterprise Software, CRM, ERP, AI/ML & Analytics. Their software is so out of date that Microsoft doesn't even support security upgrades anymore. From 2012 to 2016, plant-based product claims in the U.S. as a whole have . 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. He is a computer engineering technologist with education from Seneca College and the University of Toronto. 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. They don't pay you on time. 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 . Trilliant is a nimble organization that is focused on one thing: exceeding consumer expectations. Victor Allens Coffee continued to grow and expand through acquisition and organic growth. 11/28/2022 3:04 PM. Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition. His experience in Utilities includes Power Generation, Transmission and Distribution, AMI, APM, ERP/EAM, Scada and ADMS. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. There is daily changes and no proper direction. All you do is pour and go. Andy joined Trilliant in 2009, bringing more than 30 years of leadership and experience in the utility, energy, networks and communications industries. Black Stag Coffee expanding distribution across all major retail channels. Dedicated to operational excellence by delivering business solutions and information services in demanding environments, Dan brings more than twenty-five years of hands-on experience in the Military & Defense, Telecom, Utilities, and B2B2C industries. Nick received his Masters of Engineering degree from Sheffield University and has studied at the Cranfield School of Management. She is a member of the California Bar Association. from the University of California, Hastings College of the Law. Active, Closed, Last funding round type (e.g. The capital plan also expanded Trilliants new product capabilities through the addition of equipment that helped develop a larger range of cocoas and cappuccinos, as well as the capability to become one of the first domestic manufacturers of Nespresso-compatible drink pods. Future Competition: Trilliant Holdings's Fastest Growing Competitors These companies are in the same general field as Trilliant Holdings and are rapidly expanding. Our state-of-the-art, vertically integrated production facility in Little Chute, Wisconsin allows us to deliver the highest quality product to our customers. Over the next 20 years, the company steadily grew gaining a reputation for distinctive brands and customizable products. We provide high quality and consistent coffees with our state-of-the-art precision roasting system and time-tested roasting procedures. In July, shoppers will find their favorite Black Stag ready-to-drink coffees at their nearest Walmart, Food Lion, and Walgreens stores. July 1, 2021 12:11 pm ET. We believe talented, great people are the building blocks of our success. This is the Trilliant Food & Nutrition company profile. Norma graduated with high honors from the University of California, Berkeley, and received a J.D. Tom received an MBA from Texas A&M University, and a BSc (Eng) from Queen Mary College, University of London. 1101 Moasis Dr. Little Chute, Wisconsin, 54140. The . Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. Prior to MBO, Chris served as president, COO, and CFO for Apptix, a business communication, infrastructure, and managed services company. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. The Company also provides a full suite of beverage solutions to retailers throughout North American under its own brand and retailers brands. All Rights Reserved. Tracey holds a Bachelor of Arts/Communications Studies from the State University of New York. Read More. Trilliant is dedicated to having the right leadership team in place as we partner with our energy, utility and smart cities customers across the globe. Add Benefits. PAGE. 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. And also this place is for sale, so anyone can buy n disassemble the whole place. T. HEMES. We had a strong relationship with Mike Upchurch dating back to our teams prior investment in Sturm Foods, a manufacturer of private label sugar free drink mixes and hot cereal, where Mike was also the CEO. Any questions about the report you're considering? Read More. March 29-30, 2023 Compliance. An innovative beverage company with a broad range of products including coffee and tea to hot and cold powdered beverages. m***@trilliantfood.com. its been a hard few years for the company. Or visit our FAQs. Engage via Email. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan . This rating has been stable over the past 12 months. Convene, 117 W 46th St, New York, April 19-20, 2023 People don't even fully understand their own roles and the overlap. Kainos acquired it from Norwest Equity Partners in 2015 for an undisclosed sum (it typically invests $50 million to $150 million its portfolio companies). 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. 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. Trilliant is a vertically integrated coffee manufacturing company that procures green coffee beans, which it roasts, grinds, packages, and distributes commercially. 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. Want to ask them a question? 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. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. Her knowledge base of employee relations, performance management, policy development, benefits, compensation, staffing/recruiting, training, acquisition integration, diversity and inclusion, and compliance are mission-critical to Trilliants company culture worldwide. Trilliant is committed to manufacturing the highest quality products. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. GlobalRiseof Plant-BasedDiets . 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. Edit Lists Featuring This Company Section. 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. Our Customer Service Team can help! Trilliant provides high quality and consistent coffees with its state-of-the-art precision roasting system and time-tested roasting procedures. Lorem ipsum dolor sit, amet consectetur adipisicing elit. 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. Along the way, Trilliant tastes the coffee five times before it goes into the market, ensuring a high-quality, consistent product that is affordable. Wisconsin-based Trilliant produces tea and coffee products, including the Victor Allen's Coffee brand, to food service and retail industries and offices. Depending on your personality certain pros could be seen as cons. 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. 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. Its like a revolving door with people exiting at all levels regularly. Really none but may be the pay is decent. (business & personal). 48% of Trilliant Food & Nutrition employees would recommend working there to a friend based on Glassdoor reviews. We have everything you need to grow your business by keeping up with ever-changing consumer trends. Trilliant brings the traditional European espresso experience right to your home. Eugene has been recognized for strengths in implementing sales initiatives and GTM strategy, optimizing business processes, employee engagement and retention, mentoring with a Player Coach mindset, profit and loss (P&L), developing marketing strategies, human resource practices, financial management, and customer relationships. We sold Trilliant in 2017, approximately two years into our partnership, after more than tripling the profitability of the business. All Rights Reserved. Most Read from BloombergIsrael's Window to Strike Iran Narrows as Putin Enters EquationTycoon Deripaska Warns Russia May Run Out of Money in 2024Americans Need to Be Richer Than Ever to Buy Their First . Additionally in 2020, Blackstone announced a plan to reduce carbon emissions by 15% in aggregate within the first three years of ownership across all new investments where Blackstone has control over . Sachin Bavishi is a Senior Managing Director in Blackstone's Private Equity Group. Glassdoor has 64 Trilliant Food & Nutrition reviews submitted anonymously by Trilliant Food & Nutrition employees. The company became Trilliant in 2013 and expanded into a new, state-of-the-art facility. 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. Lists Featuring This Company. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. No credit card required. As Managing Director for Europe, Middle East & Africa, Tom is responsible for developing and implementing Trilliants strategic development across the EMEA region. 2023 Trilliant Food and Nutrition, LLC. 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. Not really a con, but it is fast paced, fast growing company which is not for everyone. 51% of employees would recommend working at Trilliant Food & Nutrition to a friend and 40% have a positive outlook for the business. 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, [] During his career, Eugene has spearheaded and acquired large regional enterprise accounts, consistently exceeding targets (upto $80m) through a consultative approach. She also led marketing teams for technology-leading smaller companies and utilities industry pioneers like SPL WorldGroup. R. EVOLUTION -K. EY. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Most people quit or are fired. High expectations for their staff, minimal supervision, and the compensation is above average. Each day is unique as new challenges need to be addressed. We are all passionate about the role our customers play in contributing to the quality of life of the communities they serve, and we are proud to be a part of that contribution. A verification email is on its way to you. million verified professionals across 35 million companies. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments. Trilliant Food & Nutrition is a manufacturer of ready-to-drink coffee and shelf stable beverages.

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