About Cheney Brothers
Cheney Brothers is a company based in Riviera Beach (United States) founded in 1925 was acquired by Performance Food Group in August 2024.. The company has 2,281 employees as of December 31, 2022. Cheney Brothers offers products and services including Food Distribution and Exclusive Brands.
- Headquarter Riviera Beach, United States
- Employees 2281 as on 31 Dec, 2022
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cheney Brothers, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Performance Food Group
& 1 more
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Employee Count
2281
as on Dec 31, 2022
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Acquired by
Performance Food Group
(Aug 14, 2024)
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Products & Services of Cheney Brothers
Cheney Brothers offers a comprehensive portfolio of products and services, including Food Distribution and Exclusive Brands. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Distribution of over 64,000 food items to the food service industry is conducted by Cheney Brothers, covering categories like meat, seafood, and groceries.
Exclusive brands such as Duck Deli and Grand Western Steaks are supplied by Cheney Brothers for specialized food service needs.
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Funding Insights of Cheney Brothers
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Unspecified - Cheney Brothers | Valuation | Clayton Dubilier & Rice |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cheney Brothers
Cheney Brothers has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Performance Food Group and CD&R. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A private equity firm focused on building long-term business value.
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Founded Year | Domain | Location | |
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Food products are distributed worldwide by Performance Food Group.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cheney Brothers
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cheney Brothers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cheney Brothers Comparisons
Competitors of Cheney Brothers
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cheney Brothers
When was Cheney Brothers founded?
Cheney Brothers was founded in 1925 and raised its 1st funding round 95 years after it was founded.
Where is Cheney Brothers located?
Cheney Brothers is headquartered in Riviera Beach, United States. It is registered at Riviera Beach, Florida, United States.
Who is the current CEO of Cheney Brothers?
Byron Russell is the current CEO of Cheney Brothers.
How many employees does Cheney Brothers have?
As of Dec 31, 2022, the latest employee count at Cheney Brothers is 2,281.
What does Cheney Brothers do?
Cheney Brothers was established in 1925 as a distributor in the food products industry. Operations are centered in Riviera Beach, United States, with distribution services provided to foodservice and retail clients. A range of food items, including produce and perishables, is handled through supply chain logistics. Leadership is provided by CEO Byron Russell, overseeing activities across the companys domain at cheneybrothers.com.
What products or services does Cheney Brothers offer?
Cheney Brothers offers Food Distribution and Exclusive Brands.
Who are Cheney Brothers's investors?
Cheney Brothers has 2 investors. Key investors include Performance Food Group, and CD&R.
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