Bachan's valued at $350M 👀‼️ Estimated annual rev: $70M Forbes estimates 20% operating margin For comparison, Cholula sold to McCormick for $800M (10x) Bachan's is 5 years old has raised around $17M Snaxshot predicted this brand would blow up in our emerging pantry brand deep dive back in 2020: https://lnkd.in/e3kKhsuS Do we see a juicy acquisition down the line?
Hell yeah we do! One of the BEST CPG brands to come out of Sonoma County! #sebastopol
As a bbq enthusiast I love these products, just wish they'd lighten up on the salt.
I use this brand all the time as a an example of great positioning! 🙌🏽🙌🏽
25x ebitda or 5x sales. Really strong in this environment. Would like to learn more metric details.
Always in our fridge “can’t live without it” brand loyalty. In Joyfulplate’s early trend reports too. Condiments continue to be 🔥.
Acquisition? I hope not, that almost always kills quality, and this is one of my local faves.
Great brand, love the product and seeing how they flooded the market.
Considering there are 5 of their bottles in my fridge or pantry right now, I’m guessing that valuation is spot on! Great brand!
Passionate impact investor focused on building a more nutritious and sustainable future of food. Over 25 yrs of PE experience building successful companies.
2moAnd its 45% sugar. Might as well crumble oreos on your food