About Coastal Sunbelt Produce
Coastal Sunbelt Produce is a company based in Baltimore (United States) founded in 1992 was acquired by Sysco in December 2021. It operates as a Reseller / Distribution. The company has 1,108 employees as of December 31, 2021. Coastal Sunbelt Produce offers products and services including Produce & Dairy, Specialty Items, and Essentials.
- Headquarter Baltimore, United States
- Employees 1108 as on 31 Dec, 2021
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Coastal Sunbelt Produce, Inc
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Products & Services of Coastal Sunbelt Produce
Coastal Sunbelt Produce offers a comprehensive portfolio of products and services, including Produce & Dairy, Specialty Items, and Essentials. 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.
Fresh produce and dairy items are distributed widely.
Specialty food products are offered to customers.
Essential food items are provided for daily needs.
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Funding Insights of Coastal Sunbelt Produce
| 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 Coastal Sunbelt Produce
Coastal Sunbelt Produce has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Sysco, MCG Capital and MSouth Equity Partners. 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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Private equity investments are managed by MSouth Equity Partners.
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Growth equity is provided to early-stage SMEs by MCG Capital.
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Food products are sold, marketed, and distributed to global facilities.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Coastal Sunbelt Produce
| 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 - Coastal Sunbelt Produce
| 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 |
Coastal Sunbelt Produce Comparisons
Competitors of Coastal Sunbelt Produce
| 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 Coastal Sunbelt Produce
When was Coastal Sunbelt Produce founded?
Coastal Sunbelt Produce was founded in 1992.
Where is Coastal Sunbelt Produce located?
Coastal Sunbelt Produce is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
How many employees does Coastal Sunbelt Produce have?
As of Dec 31, 2021, the latest employee count at Coastal Sunbelt Produce is 1,108.
What does Coastal Sunbelt Produce do?
Coastal Sunbelt Produce is engaged in the distribution of fresh produce, dairy, and specialty food items. Operations are focused on providing farm-fresh and chef-driven products to various customers. The company serves diverse communities while emphasizing strong relationships with customers and vendors. Solutions are tailored to meet essential food needs across different sectors.
What products or services does Coastal Sunbelt Produce offer?
Coastal Sunbelt Produce offers Produce & Dairy, Specialty Items, and Essentials.
Who are Coastal Sunbelt Produce's investors?
Coastal Sunbelt Produce has 4 investors. Key investors include Sysco, MCG Capital, MSouth Equity Partners, and Arlon Group.