blackstone acquires trilliant food blackstone acquires trilliant food

Prior to Trilliant, Andy served as a General Electric (GE) corporate officer and as President and CEO of several GE businesses. No support from management. The recovery rating is '3', indicating our expectation for meaningful recovery in the event of a payment default. Don't work here. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Verify your email to use filters. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan . 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. As Managing Director for Europe, Middle East & Africa, Tom is responsible for developing and implementing Trilliants strategic development across the EMEA region. This rating has been stable over the past 12 months. A link has been emailed to you - check your inbox. Cant say I see any pros. High expectations for their staff, minimal supervision, and the compensation is above average. Norma graduated with high honors from the University of California, Berkeley, and received a J.D. Our facility features the most current, high-speed equipment to support our commitment to quality, value, speed-to-market and innovation. The company offers products including single-serve cups and capsules, can and coffee in roasted, grinded and packaged forms along with drink mix sticks through its various . No credit card required. Copyright 2001-2023 Trilliant Holdings Inc. and its subsidiaries. Roasted to perfection since 1979. 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. Tom received an MBA from Texas A&M University, and a BSc (Eng) from Queen Mary College, University of London. The acquisition of Trilliant Surgical's leading product technologies and clinical efficacy . Branded 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 . BACKGROUND Trilliant Food and Nutrition, LLC, formerly known as Victor Allen's Coffee, is a privately held company headquartered in Little Chute, Wisconsin. This rating has been stable over the past 12 months. All you do is pour and go. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . You should only be asked to sign in once. Mar 04, 2023. Andy joined Trilliant in 2009, bringing more than 30 years of leadership and experience in the utility, energy, networks and communications industries. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. Glassdoor has 64 Trilliant Food & Nutrition reviews submitted anonymously by Trilliant Food & Nutrition employees. 48% of Trilliant Food & Nutrition employees would recommend working there to a friend based on Glassdoor reviews. Glassdoor gives you an inside look at what it's like to work at Trilliant Food & Nutrition, including salaries, reviews, office photos, and more. 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, [] Our drink mix sticks are both delicious and refreshing the ideal solution for hot days. Add Benefits. 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. Read More. Mike wanted a partner to help him rapidly grow Trilliant, invest in significant expansion capacity and replicate the success that we had enjoyed together at Sturm. Edit Lists Featuring This Company Section. This allows the . Don't have an account? From bean to bottle, we focus on creating quality in our vertically integrated facilities. 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. 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. She is a member of the California Bar Association. here to register, Not for publication, email or dissemination, Providence opens gates for LPs to sell out of two older funds, When the politicians make pension PE decisions, Traveller Capital raises $44m for fourth secondaries fund, PSG targets $6.5bn for next growth flagship, KKR is expected to launch next flagship fund later this year: adviser, Target-hitting a bright spot in 2022s private equity fundraising, As fundraising slows, LPs push back on misaligned fund terms. I am never bored. 2023 Trilliant Food and Nutrition, LLC. Our high-quality, specialty coffees are now available in a variety of can sizes. No long term vision. Zero trust in data driven solutions. Search all our Our high-quality, specialty coffees are now available in a variety of can sizes. R. EVOLUTION -K. EY. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Blackstone (BX.N) has found one that still does. We are all passionate about the role our customers play in contributing to the . Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. 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. . contact_us@kainoscapital.com. Search over 700 We have everything you need to grow your business by keeping up with ever-changing consumer trends. Nick received his Masters of Engineering degree from Sheffield University and has studied at the Cranfield School of Management. The company changed its name to Trilliant Food & Nutrition in 2013. Victor Allens Coffee continued to grow and expand through acquisition and organic growth. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Kainos acquired it from Norwest Equity Partners in 2015 for an undisclosed sum (it typically invests $50 million to $150 million its portfolio 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. And when it comes to delivering value, Trilliant is beyond comparison. <. 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. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? This facility enabled a dramatic increase in capabilities and brand offerings. Compliance. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? (business & personal). Black Stag Coffee expanding distribution across all major retail channels. Dan Lambert is Trilliants Chief Solutions Officer, responsible for Innovation, Portfolio and Product Management, Engineering, and Data Services & Analytics. You can take on a lot of different responsibilities. Each premium coffee is crafted to deliver the unique flavor and crema of a handmade espresso. Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. Read employee reviews and ratings on Glassdoor to decide if Trilliant Food & Nutrition is right for you. 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. Chris Mack joined Trilliant in 2021 as both CFO and COO. Find out more about, 48% of Trilliant Food & Nutrition employees would recommend working there to a friend. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. Youve successfully subscribed to Trilliant news and views. Dallas-based Colfax (NYSE: CFX) unit DJO's acquisition is meant to support . Its like a revolving door with people exiting at all levels regularly. Prior to Prudent Energy, Tom held a number of senior management positions in the communications industry with companies including Millicom, Inmarsat and AlanDick. "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. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan due 2024. 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. uva aerospace engineering curriculum; hockey shooting drill. 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. This capital plan expanded Trilliants manufacturing facility and added new K-Cup lines, nearly tripling production capacity. 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. We are assigning a 'B-' corporate credit rating to the company. Blackstone's decision to give up 1740 Broadway shocks real-estate observers. PAGE. Trilliant is a vertically integrated coffee manufacturing company that procures green coffee beans, which it roasts, grinds, packages, and distributes commercially. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The transaction is Blackstone's latest in the casino sector, following its agreement with MGM in 2019 to acquire the real estate assets of the Bellagio Hotel and Casino in Las Vegas for $4.25 . 1101 Moasis Dr. Little Chute, Wisconsin, 54140. In 2003, a new, state-of-the-art facility was built and. 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 . 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. 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. 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. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. Description. 2013 New Name New State-of-the-Art Facility. 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. Last Update. contact_us@kainoscapital.com. 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. Moody's also tacked a B3 rating on to Trilliant's new $250 million seven-year senior secured term loan. versatile work experience allows you to grow in multiple areas personally if you are willing to work hard. 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 people in general are great to work with, Solid Benes, solid product, and solid cash flow, Work thru most holiday Dallas/Fort Worth Area Marine United States Marine Corps Dec 2004 - Dec 2008 4 years 1 month. Jun 22, 2022, 08:17 ET. He has more than 25 years experience in the wireless communications and cleantech energy markets, with both start-up companies and large corporations. We believe talented, great people are the building blocks of our success. Today, we continue to produce our delicious coffees with a passion for excellence, just as in 1979. 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. You can find out more about which cookies we are using or switch them off in settings. 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). There is daily changes and no proper direction. 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. Tribal mentality. If you disable this cookie, we will not be able to save your preferences. GlobalRiseof Plant-BasedDiets . On Sept. 11, 2017, S&P Global Ratings assigned its. from the University of California, Hastings College of the Law. Trilliant Food & Nutrition, LLC Apr 2015 - Present 7 years 11 months. All of this is key to ensuring a high-quality, consistent product that is affordable. Premium roasted espresso for any taste, any time. Funds are typically used to fund management buyouts, recapitalizations, and . 51% of employees would recommend working at Trilliant Food & Nutrition to a friend and 40% have a positive outlook for the business. This is the Trilliant Food & Nutrition company profile. Over the next 20 years, the company steadily grew gaining a reputation for distinctive brands and customizable products. We provide 100% Arabica ground coffee in the following profiles: Classic Roast, 100% Colombian, and Premium Dark. Click Michael Upchurch is a Director, Business Development at Trilliant Food & Nutrition based in Little Chute, Wisconsin. 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. All content is posted anonymously by employees working at Trilliant Food & Nutrition. Up to 5 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. This website uses cookies so that we can provide you with the best user experience possible. Trilliant Food & Nutrition is a manufacturer of ready-to-drink coffee and shelf stable beverages. Mike is responsible for Trilliants Strategic Engagements, Applications & Integration Engineering, and Commercial Operations. Private Label, 214.740.7300 from 8 AM - 9 PM ET. 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. Has been acquired by An industry focused division of. Prior to MBO, Chris served as president, COO, and CFO for Apptix, a business communication, infrastructure, and managed services company. According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. Prior to joining Trilliant, Chris was CFO and CAO of venture-backed MBO Partners, Inc., a leading workforce solutions platform company. 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. Any questions about the report you're considering? The company changed its name to Trilliant Food & Nutrition in 2013. Find out more about salaries and benefits at Trilliant Food & Nutrition. Wisconsin-based Trilliant produces tea and coffee products, including the Victor Allen's Coffee brand, to food service and retail industries and offices. Intense, bold and delicious. 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. Our company was founded in Madison, Wisconsin in 1979 as Victor Allens Coffee a micro-roaster renowned for its high-quality, specialty coffees. T. HEMES. Lorem ipsum dolor sit amet consectetur adipisicing elit. 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. Or visit our FAQs. Along the way, Trilliant tastes the coffee five times before it goes into the market, ensuring a high-quality, consistent product that is affordable. Select Black Stag items are also now available at most Sam's Club and BJ's Wholesale Club locations. As the Managing Director for Americas, Nick is responsible for expanding the industry and leadership in both the United States and Latin America regions. Really none but may be the pay is decent. Even their HR team quit. The . Eugene joined Trilliant in late 2022. Entrepreneurial, young company with a willingness to take risks. Please check your spam or junk folder just in case. It's the kind of place where you can make a difference and see a payoff for your work. For more information, visit Trilliantfood.com. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. Trilliant Food & Nutrition, LLC Information. m***@trilliantfood.com. July 1, 2021 12:11 pm ET. Leadership is struggling. In 2003 the corporate headquarters moved to Little Chute, Wisconsin. NEENAH, Wis., June 22, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S . Dan received his Bachelor of Science from the U.S. Air Force Academy and holds a Global Strategic Management Certification from Harvard Business School. 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. Sachin Bavishi is a Senior Managing Director in Blackstone's Private Equity Group. In July, shoppers will find their favorite Black Stag ready-to-drink coffees at their nearest Walmart, Food Lion, and Walgreens stores. Craving the coffeehouse? Tracey holds a Bachelor of Arts/Communications Studies from the State University of New York. All rights reserved. He is a computer engineering technologist with education from Seneca College and the University of Toronto. They lie about the benefits. refinished bath solutions; what is the scientific instrument used to measure latitude; christmas word search for 4th grade 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 . trilliant coffee blackstoneshantae gba enhanced mode. 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. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Prior to joining Trilliant, Dan worked in executive leadership positions at ACN Europe B.V. and British Telecom, most recently serving as COO for Smart DCC in the United Kingdom. We sold Trilliant in 2017, approximately two years into our partnership, after more than tripling the profitability of the business. 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. The founder, Victor Allen Mondry, quickly became a renowned regional roaster and pursued his quest for the perfect cup. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. No real training. Find top employees, contact details and business statistics at RocketReach. NEP targets investments in businesses valued between $30 and $250 million, typically providing $50 to $500 million of capital per investment. Acquisition furthers expansion into growing foot and ankle surgery market. Sign up for a free account. Convene, 117 W 46th St, New York, April 19-20, 2023 Manufacturer of coffee and powdered beverages intended to serve retail, foodservice and corporate customers. 1101 Moasis Dr. Little Chute, Wisconsin, 54140. Trilliant is a nimble organization that is focused on one thing: exceeding consumer expectations. 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. And also this place is for sale, so anyone can buy n disassemble the whole place. Our Customer Service Team can help! On-the-Go. 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. Previously, Michael was a Mar ine at U.S. Marine Corps. View contacts for Trilliant Food & Nutrition to access new leads and connect with decision-makers. Engage via Email. Blackstone is investing approximately $290 million into U.S.-based Badger Intermediate Holdings LLC (Trilliant Food&Nutrition LLC), effecting a recapitalization of the company. 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. 236 jarmstrong@collectiblesgroup.com Site Navigation Home At Trilliant, Norma plays key roles in the execution of strategic initiatives, commercial transactions and corporate governance. Company's financials are dwindling. Active, Closed, Last funding round type (e.g. Most people quit or are fired. People don't even fully understand their own roles and the overlap. (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. Acquisition furthers expansion into growing foot and ankle surgery market. Having problems? Our state-of-the-art, vertically integrated production facility in Little Chute, Wisconsin allows us to deliver the highest quality product to our customers. 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 . This is a recapitalization round. 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. 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. Investment firm Blackstone Inc will buy a majority stake in Spanx, valuing the shapewear maker at $1.2 billion, the . We are using cookies to give you the best experience on our website. Steve leads Trilliants Canadian operations and brings 20+ years of successful business experience leading both early-stage and established Energy Management, Utility Services, and Smart Metering/Grid businesses. the corporate headquarters was moved to Little Chute, Wisconsin. 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. They are not authored by Glassdoor. Contact. We are one of very few roasters that have obtained an SQF Level 3 Excellent rating. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. Email. million verified professionals across 35 million companies. The company became Trilliant in 2013 and expanded into a new, state-of-the-art facility. They put people's health and safety at risk. Our production capabilities and capacity increased significantly. DJO announced that it acquired orthopedic foot and ankle implant maker Trilliant Surgical for an undisclosed amount. During his tenure, Andy has led businesses for major infrastructure and communications projects in Congo, Egypt, Saudi Arabia, Iraq, Dominican Republic and Algeria. Michael Upchurch's Phone Number and Email. 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.