blackstone acquires trilliant foodblackstone acquires trilliant food
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. 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. Norma graduated with high honors from the University of California, Berkeley, and received a J.D. This rating has improved by 3% over the last 12 months. A verification email is on its way to you. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. Wisconsin-based Trilliant produces tea and coffee products, including the Victor Allen's Coffee brand, to food service and retail industries and offices. Chief Financial Officer & Chief Operations Officer, Senior Vice President, Global Solutions & Commercial Operations. its been a hard few years for the company. Prior to joining Trilliant, Chris was CFO and CAO of venture-backed MBO Partners, Inc., a leading workforce solutions platform company. Engage via Email. 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. Q-Graders endure rigorous testing to certify their skills in recognizing and identifying delicate and nuanced flavors. 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 . Convene, 117 W 46th St, New York, May 23-24, 2023 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. 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. Viral Patel, Managing Director at Blackstone, said: "We are excited to partner with this innovative company and strong management . On Sept. 11, 2017, S&P Global Ratings assigned its. The people in general are great to work with, Solid Benes, solid product, and solid cash flow, Work thru most holiday Depending on your personality certain pros could be seen as cons. 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. Lorem ipsum dolor sit amet consectetur adipisicing elit. Text. Dallas-based Colfax (NYSE: CFX) unit DJO's acquisition is meant to support . Trilliant also has distribution and R&D facilities in Wisconsin, New Mexico and Minnesota with more locations coming very soon. Their software is so out of date that Microsoft doesn't even support security upgrades anymore. m***@trilliantfood.com. Any questions about the report you're considering? Premium roasted espresso for any taste, any time. Refresh yourself. . He brings strong domain knowledge and experience in Cloud, SaaS, Enterprise Software, CRM, ERP, AI/ML & Analytics. (business & personal). Sachin Bavishi is a Senior Managing Director in Blackstone's Private Equity Group. Read More. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan due 2024. Beverage contact_us@kainoscapital.com. Trilliant provides high quality and consistent coffees with its state-of-the-art precision roasting system and time-tested roasting procedures. Register now to read this article and more for free. 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. 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. Trilliant Food & Nutrition is a manufacturer of ready-to-drink coffee and shelf stable beverages. During her time away, she represented Trilliant in several complex IP licensing and M&A transactions. Abusive employees. Trilliant Food & Nutrition has an overall rating of 2.9 out of 5, based on over 63 reviews left anonymously by employees. Private Label, 214.740.7300 S&P Global Ratings Credit Research. In 2003 the corporate headquarters moved to Little Chute, Wisconsin. 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. Glassdoor gives you an inside look at what it's like to work at Trilliant Food & Nutrition, including salaries, reviews, office photos, and more. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. Along the way, Trilliant tastes the coffee five times before it goes into the market, ensuring a high-quality, consistent product that is affordable. 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. 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. Michael Upchurch is a Director, Business Development at Trilliant Food & Nutrition based in Little Chute, Wisconsin. 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. Click here. This is the Trilliant Food & Nutrition company profile. 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 . Entrepreneurial, young company with a willingness to take risks. 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. 1101 Moasis Dr. Little Chute, Wisconsin, 54140. 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. Contact. They don't pay you on time. Compliance. 11/28/2022 3:04 PM. versatile work experience allows you to grow in multiple areas personally if you are willing to work hard. Read employee reviews and ratings on Glassdoor to decide if Trilliant Food & Nutrition is right for you. Argentina. 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. 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 rating outlook is stable. Don't work here. Companies may grow organically or through acquisition. Black Stag RTD coffees are available to enjoy in bottles and cans as Premium Lattes, Energy Lattes, and Espresso with Cream beverages. 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. 236 jarmstrong@collectiblesgroup.com Site Navigation Home Our high-quality, specialty coffees are now available in a variety of can sizes. Company's financials are dwindling. Center of Store / Shelf Stable You can take on a lot of different responsibilities. Its like a revolving door with people exiting at all levels regularly. BACKGROUND Trilliant Food and Nutrition, LLC, formerly known as Victor Allen's Coffee, is a privately held company headquartered in Little Chute, Wisconsin. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. In July, shoppers will find their favorite Black Stag ready-to-drink coffees at their nearest Walmart, Food Lion, and Walgreens stores. Only logged in subscribers of this site will be able to access the shared article. Find out more about, 48% of Trilliant Food & Nutrition employees would recommend working there to a friend. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Tom received an MBA from Texas A&M University, and a BSc (Eng) from Queen Mary College, University of London. 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. The company became Trilliant in 2013 and expanded into a new, state-of-the-art facility. They had to let go of a lot of people because of poor management. 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, [] R. EVOLUTION -K. EY. This allows the Company to provide a full suite of beverage solutions to retailers throughout North America under its own and retailers brands. We are all passionate about the role our customers play in contributing to the . Not the case? Last Update. He is a computer engineering technologist with education from Seneca College and the University of Toronto. 2013 New Name New State-of-the-Art Facility. Consumers are increasingly looking to fill their grocery carts with plant-based foods. 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. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. Active, Closed, Last funding round type (e.g. 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 . We are assigning a 'B-' corporate credit rating to the company. High expectations for their staff, minimal supervision, and the compensation is above average. B. ASED. 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. People don't even fully understand their own roles and the overlap. Having complete control from procurement through shipping ensures high-quality, consistently low cost products for our customers. All content is posted anonymously by employees working at Trilliant Food & Nutrition. {{ userNotificationState.getAlertCount('bell') }}. Save yourself a breakdown. This allows the . This facility enabled a dramatic increase in capabilities and brand offerings. 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. 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 . Earlier in her career Norma was a partner at the San Francisco law firm, Farella Braun & Martel, where she focused on complex litigation and gained deep experience in the many ways things go wrong and how to fix them. Trilliant is a great company to work for! 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. Or visit our FAQs. NEP targets investments in businesses valued between $30 and $250 million, typically providing $50 to $500 million of capital per investment. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. 51% of employees would recommend working at Trilliant Food & Nutrition to a friend and 40% have a positive outlook for the business. An innovative beverage company with a broad range of products including coffee and tea to hot and cold powdered beverages. No long term vision. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. 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. His experience in Utilities includes Power Generation, Transmission and Distribution, AMI, APM, ERP/EAM, Scada and ADMS. This rating has been stable over the past 12 months. Our team of experts deliver consistent, high quality, shelf stable products across most coffee formats. My Blog trilliant coffee blackstone Trilliant offers one of the broadest arrays of high-quality beverages, ranging from coffee and teas to cappuccinos, hot cocoas and much more. Prior to Trilliant, Andy served as a General Electric (GE) corporate officer and as President and CEO of several GE businesses. Copyright 2001-2023 Trilliant Holdings Inc. and its subsidiaries. Please check your spam or junk folder just in case. 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. 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. Trilliant Food & Nutrition General Information. We shared an entrepreneurial spirit focused on one thing: exceeding consumer expectations. 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 . 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. Future Competition: Trilliant Holdings's Fastest Growing Competitors These companies are in the same general field as Trilliant Holdings and are rapidly expanding. With nearly 30 years in technology and service-based companies, Chris brings a wealth of technical, operating and strategic experience to Trilliant. 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. 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. Black Stag Coffee expanding distribution across all major retail channels. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan . During his tenure, Andy has led businesses for major infrastructure and communications projects in Congo, Egypt, Saudi Arabia, Iraq, Dominican Republic and Algeria. Acquisition furthers expansion into growing foot and ankle surgery market. Trilliant brings the traditional European espresso experience right to your home. 2023 Trilliant Food and Nutrition, LLC. This rating has been stable over the past 12 months. The founder, Victor Allen Mondry, quickly became a renowned regional roaster and pursued his quest for the perfect cup. No matter what variety you choose to enjoy, nearly forty years of crafting premium coffee is evident in every cup. If you disable this cookie, we will not be able to save your preferences. All rights reserved. Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. The company changed its name to Trilliant Food & Nutrition in 2013. Click 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. Our drink mix sticks are both delicious and refreshing the ideal solution for hot days. And when it comes to delivering value, Trilliant is beyond comparison. 48% of employees would recommend working at Trilliant Food & Nutrition to a friend and 37% have a positive outlook for the business. Norma recently rejoined Trilliant as General Counsel and Corporate Secretary, a position she held from 2012 through 2019. 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. Sign up for a free account. 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. This facility enabled a dramatic increase in capabilities and brand offerings. 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. Our high-quality, specialty coffees are now available in a variety of can sizes. 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. <. Our facility features the most current, high-speed equipment to support our commitment to quality, value, speed-to-market and innovation. Black Stag Coffee expanding distribution across all major retail channels. Nick received his Masters of Engineering degree from Sheffield University and has studied at the Cranfield School of Management. Working here takes a certain mindset and turnover has been high at certain points over the years. 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. We are assigning a 'B-' corporate credit rating to the company. According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. Our production capabilities and capacity increased significantly. Trilliants manufacturing facilities contain the most current, high-speed equipment. Lists Featuring This Company. Tracey oversees brand management, corporate communications, integrated digital marketing, event programming, product marketing and public relations. The company became Trilliant in 2013 and expanded into a new, state-of-the-art facility. 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. Roasted to perfection since 1979.We take pride in maintaining a long-standing tradition of creating high-quality, specialty coffees. We provide 100% Arabica ground coffee in the following profiles: Classic Roast, 100% Colombian, and Premium Dark. UnitedHealthcare creates and publishes the Machine-Readable Files on behalf of Trilliant Food & Nutrition. They are not authored by Glassdoor. You can find out more about which cookies we are using or switch them off in settings. 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. At Trilliant, Norma plays key roles in the execution of strategic initiatives, commercial transactions and corporate governance. All Rights Reserved. Previously, Michael was a Mar ine at U.S. Marine Corps. Kainos acquired it from Norwest Equity Partners in 2015 for an undisclosed sum (it typically invests $50 million to $150 million its portfolio companies). From 2012 to 2016, plant-based product claims in the U.S. as a whole have . We provide high quality and consistent coffees with our state-of-the-art precision roasting system and time-tested roasting procedures. The Company also provides a full suite of beverage solutions to retailers throughout North American under its own brand and retailers brands. 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. Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition. Trilliant is one of a few vertically integrated coffee manufacturers in the market, meaning it sources (from over 25 countries), roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. Zero trust in data driven solutions. UnitedHealthcare creates and . Chris Mack joined Trilliant in 2021 as both CFO and COO. 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. High quality coffee at the push of a button. Craving the coffeehouse? Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. 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. Trilliant Food & Nutrition, LLC Information. 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.