blackstone acquires trilliant food

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. The Company also provides a full suite of beverage solutions to retailers throughout North American under its own brand and retailers brands. Blackstone is investing approximately $290 million into U.S.-based Badger Intermediate Holdings LLC (Trilliant Food&Nutrition LLC), effecting a recapitalization of the company. 51% of employees would recommend working at Trilliant Food & Nutrition to a friend and 40% have a positive outlook for the business. Trilliant brings the traditional European espresso experience right to your home. During her time away, she represented Trilliant in several complex IP licensing and M&A transactions. They put people's health and safety at risk. 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. If you disable this cookie, we will not be able to save your preferences. Acquisition furthers expansion into growing foot and ankle surgery market. Want to ask them a question? 2013 New Name New State-of-the-Art Facility. Compliance. Previously, Michael was a Mar ine at U.S. Marine Corps. Prior to Trilliant, Andy served as a General Electric (GE) corporate officer and as President and CEO of several GE businesses. And when it comes to delivering value, Trilliant is beyond comparison. from the University of California, Hastings College of the Law. My Blog trilliant coffee blackstone Company's financials are dwindling. Has been acquired by An industry focused division of. No functional IT group. 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. Tracey oversees brand management, corporate communications, integrated digital marketing, event programming, product marketing and public relations. This capital plan expanded Trilliants manufacturing facility and added new K-Cup lines, nearly tripling production capacity. Trilliant also has distribution and R&D facilities in Wisconsin, New Mexico and Minnesota with more locations coming very soon. UnitedHealthcare creates and . 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. 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. 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 one place. 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. No credit card required. Search over 700 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, [] Sachin Bavishi is a Senior Managing Director in Blackstone's Private Equity Group. refinished bath solutions; what is the scientific instrument used to measure latitude; christmas word search for 4th grade 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. Our high-quality, specialty coffees are now available in a variety of can sizes. . This rating has been stable over the past 12 months. Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. 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. Nick received his Masters of Engineering degree from Sheffield University and has studied at the Cranfield School of Management. We provide 100% Arabica ground coffee in the following profiles: Classic Roast, 100% Colombian, and Premium Dark. 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. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan . Roasted to perfection since 1979.We take pride in maintaining a long-standing tradition of creating high-quality, specialty coffees. <. The recovery rating is '3', indicating our expectation for meaningful recovery in the event of a payment default. 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. Chris Mack joined Trilliant in 2021 as both CFO and COO. Victor Allen's Coffee continued to grow and expand through acquisition and organic growth. 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 . Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . They lie about the benefits. "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. Viral Patel, Managing Director at Blackstone, said: "We are excited to partner with this innovative company and strong management . (business & personal). Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. Trilliant Food & Nutrition has an overall rating of 2.9 out of 5, based on over 63 reviews left anonymously by employees. Black Stag Coffee expanding distribution across all major retail channels. 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. 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. Michael Upchurch is a Director, Business Development at Trilliant Food & Nutrition based in Little Chute, Wisconsin. Our drink mix sticks are both delicious and refreshing the ideal solution for hot days. 236 jarmstrong@collectiblesgroup.com Site Navigation Home m***@trilliantfood.com. Active, Closed, Last funding round type (e.g. We shared an entrepreneurial spirit focused on one thing: exceeding consumer expectations. 214.740.7300 PAGE. Glassdoor gives you an inside look at what it's like to work at Trilliant Food & Nutrition, including salaries, reviews, office photos, and more. Even their HR team quit. Read More. Mike is responsible for Trilliants Strategic Engagements, Applications & Integration Engineering, and Commercial Operations. Q-Graders endure rigorous testing to certify their skills in recognizing and identifying delicate and nuanced flavors. 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. You can find out more about which cookies we are using or switch them off in settings. Manufacturer of coffee and powdered beverages intended to serve retail, foodservice and corporate customers. Most people quit or are fired. "Research Update: Badger Intermediate Holdings LLC (Trilliant) Assigned 'B-' Rating On Investment Recap; Outlook Positive" Sep 11, 2017. Trilliants manufacturing facilities contain the most current, high-speed equipment. All Rights Reserved. In July, shoppers will find their favorite Black Stag ready-to-drink coffees at their nearest Walmart, Food Lion, and Walgreens stores. Black Stag Coffee expanding distribution across all major retail channels. Zero trust in data driven solutions. Michael Upchurch's Phone Number and Email. As the Managing Director for Americas, Nick is responsible for expanding the industry and leadership in both the United States and Latin America regions. As Managing Director for Europe, Middle East & Africa, Tom is responsible for developing and implementing Trilliants strategic development across the EMEA region. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. We provide high quality and consistent coffees with our state-of-the-art precision roasting system and time-tested roasting procedures. We believe in finding the right people, with the right attitude, and providing them with opportunities to excel. Unorganized warehouse. contact_us@kainoscapital.com. Trilliant provides a value proposition to our private label customers that is unique in the industry. 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. Branded All Rights Reserved. Lorem ipsum dolor sit amet consectetur adipisicing elit. Trilliant drink sticks are a great way to expand the drink category and quench your thirst. For Blackstone Matt Anderson 518-248-7310 Matthew.Anderson@Blackstone.com For CCG Janell Armstrong, Marketing Coordinator 941.360.3990 ext. Wisconsin-based Trilliant produces tea and coffee products, including the Victor Allen's Coffee brand, to food service and retail industries and offices. 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. 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. Premium roasted espresso for any taste, any 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 . Select Black Stag items are also now available at most Sam's Club and BJ's Wholesale Club locations. 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. 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. She joined Trilliant in early 2022, and brings 25+ years of utility, communications and network industry experience to the team, and has held marketing leadership roles for large corporations, most recently with Oracle as VP Utilities Global Business Unit for 15 years, and Dun & Bradstreet in her earlier career. Not the case? Having problems? 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. from 8 AM - 9 PM ET. Youve successfully subscribed to Trilliant news and views. 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. Don't have an account? 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. Trilliant Food & Nutrition, LLC Information. Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. Credit Research According to anonymously submitted Glassdoor reviews, Trilliant Food & Nutrition employees rate their compensation and benefits as 3.3 out of 5. 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. Looking for a particular Trilliant Food & Nutrition, LLC employee's phone or email? Argentina. (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. We are all passionate about the role our customers play in contributing to the . 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. COPYRIGHT SILVERWOOD PARTNERS 2001-2018. The acquisition of Trilliant Surgical's leading product technologies and clinical efficacy . Only logged in subscribers of this site will be able to access the shared article. 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. We are assigning a 'B-' corporate credit rating to the company. This rating has been stable over the past 12 months. 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. 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. Blackstone's decision to give up 1740 Broadway shocks real-estate observers. She is passionate about the role technology plays in helping utilities and cities deliver mission-critical services to their communities every day, contributing to the quality of life for citizens worldwide. 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. 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. 2023 Trilliant Food and Nutrition, LLC. Add Benefits. 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. The company changed its name to Trilliant Food & Nutrition in 2013. During his tenure, Andy has led businesses for major infrastructure and communications projects in Congo, Egypt, Saudi Arabia, Iraq, Dominican Republic and Algeria. The rating outlook is stable. This facility enabled a dramatic increase in capabilities and brand offerings. Investment firm Blackstone Inc will buy a majority stake in Spanx, valuing the shapewear maker at $1.2 billion, the . 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. 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 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. He is a CPA, a Chartered Global Management Accountant, and a member of the American Institute of Certified Public Accountants. 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. 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 are one of very few roasters that have obtained an SQF Level 3 Excellent rating. We are using cookies to give you the best experience on our website. During his career, Eugene has spearheaded and acquired large regional enterprise accounts, consistently exceeding targets (upto $80m) through a consultative approach. Edit Lists Featuring This Company Section. 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. This place is a ticking time bomb and it will implode. 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 . Prior to MBO, Chris served as president, COO, and CFO for Apptix, a business communication, infrastructure, and managed services company. Black Stag RTD coffees are available to enjoy in bottles and cans as Premium Lattes, Energy Lattes, and Espresso with Cream beverages. Refresh yourself. His experience in Utilities includes Power Generation, Transmission and Distribution, AMI, APM, ERP/EAM, Scada and ADMS. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition. Their software is so out of date that Microsoft doesn't even support security upgrades anymore. 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. Lists Featuring This Company. Working here takes a certain mindset and turnover has been high at certain points over the years. This rating has improved by 3% over the last 12 months. Acquisition furthers expansion into growing foot and ankle surgery market. Read employee reviews and ratings on Glassdoor to decide if Trilliant Food & Nutrition is right for you. Andy joined Trilliant in 2009, bringing more than 30 years of leadership and experience in the utility, energy, networks and communications industries. Our state-of-the-art, vertically integrated production facility in Little Chute, Wisconsin allows us to deliver the highest quality product to our customers. Any questions about the report you're considering? Tribal mentality. Trilliant Food & Nutrition, LLC Apr 2015 - Present 7 years 11 months. DJO announced that it acquired orthopedic foot and ankle implant maker Trilliant Surgical for an undisclosed amount. He has significant global Supply Chain, Manufacturing, and Operations experience and maintains responsibility for our Toronto based Meter Lab, and our S-A-01:2017 Accreditation and associated Quality Management System through Measurement Canada. 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. Search all our 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. View contacts for Trilliant Food & Nutrition to access new leads and connect with decision-makers. We believe talented, great people are the building blocks of our success. Private Label, 214.740.7300 All rights reserved. Beverage Alacra Store. Find out more about salaries and benefits at Trilliant Food & Nutrition. We sold Trilliant in 2017, approximately two years into our partnership, after more than tripling the profitability of the business. Click You should only be asked to sign in once. Blackstone is investing approximately $290 million into U.S.-based Badger Intermediate Holdings LLC (Trilliant Food&Nutrition LLC), effecting a recapitalization of the company. You can take on a lot of different responsibilities. The . 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. Email. Dan received his Bachelor of Science from the U.S. Air Force Academy and holds a Global Strategic Management Certification from Harvard Business School. million verified professionals across 35 million companies. Mar 04, 2023. An innovative beverage company with a broad range of products including coffee and tea to hot and cold powdered beverages. Moody's also tacked a B3 rating on to Trilliant's new $250 million seven-year senior secured term loan. 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. 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. Trilliant is committed to manufacturing the highest quality products. With nearly 30 years in technology and service-based companies, Chris brings a wealth of technical, operating and strategic experience to Trilliant. Find top employees, contact details and business statistics at RocketReach. Up to 5 Verify your email to use filters. Our team is experienced, diverse, and has significant domain expertise in technology and the industries we serve. 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.