About Indianapolis Fruit
Indianapolis Fruit is a company based in Indianapolis (United States) founded in 1947, and was acquired by Rotunda Capital Partners in August 2017. It supplies fruits, vegetables, and other essential produce items to grocers and retailers. Indianapolis Fruit has completed 2 acquisitions, including Cibus Fresh and Get Fresh Produce. Its chief executive, as recorded, is Mike Mascari. Indianapolis Fruit offers products and services including Fruits and Vegetables and Floral Products. Its legal entity is Indianapolis Fruit Company.
Company details
Founded in 1947, Indianapolis Fruit Company is engaged in the distribution of fruits, vegetables, and related produce to grocers and retailers across Midwestern states. Operations are centered in Indianapolis, United States, with offerings that include fresh items like apples, bananas, berries, and carrots, alongside processed products such as dried fruits, cider, and salads. The company serves the essential produce sector through bulk and packaged supplies.
- Headquarters Indianapolis, United States
- Stage Acquired
- Phone•••• ••••
- Website indyfruit.com
- Social LinkedIn X Facebook Instagram
- Acquired by Rotunda Capital Partners (Aug 2017)
- Legal Name Indianapolis Fruit Company
- Latest Funding Round$34.13M (USD), Debt – Conventional
Aug 2017
- Investors
- Investments & AcquisitionsCibus Fresh
& 1 more
- Acquired byRotunda Capital Partners
(Aug 2017)
Products & Services of Indianapolis Fruit
Indianapolis Fruit offers a comprehensive portfolio of products and services, including Fruits and Vegetables and Floral Products.
Fruits and vegetables are distributed through a premium supply chain to support retail experiences.
Floral items are provided as part of the distribution services within the network.
Funding Insights of Indianapolis Fruit
- Total Rounds 1
- Last Round Debt – Conventional — $34.13M
- First Round $34.13M
(Aug 2017)
All 1 funding rounds of Indianapolis Fruit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $34.13M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Indianapolis Fruit
Indianapolis Fruit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rotunda Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Rotunda Capital Partners is engaged in private equity investments. | rotundacapital.com | Washington DC, United States |
Investor details for Indianapolis Fruit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Indianapolis Fruit
15 people are tracked at Indianapolis Fruit (8 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Mike Mascari | CEO & President | Leadership |
John Serrano | Vice President Of Procurement | Leadership |
Jesse Nealy Jr | Vice President Of Operations | Leadership |
Dan Corsaro | President | Leadership |
Brian Truax | Vice President Of Sales And Marketing | Leadership |
Marc Jones | Chief Operating Officer | Leadership |
Nicholle Duncan | Director Of Human Resources | Leadership |
Todd Adams | Vice President Of Transportation | Leadership |
Kraig Faulkner | Retail Account Sales Manager | Team |
Keith Waters | Buyer | Team |
Melissa Gilbert | Human Resources Specialist | Team |
Doreen Mitchell | Sales And Merchandising | Team |
Matthew Brewer | Buyer | Team |
Myron Mayo | Product Procurement/retail Account Specialist | Team |
Chris Bradley | Food Safety Manager | Team |
Complete people profiles for Indianapolis Fruit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Indianapolis Fruit
Indianapolis Fruit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cibus Fresh and Get Fresh Produce.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fruits and vegetables are distributed across the United States. | getfreshproduce.com | Bartlett, United States | 1982 | Jul 2019 | •••• | |
Frozen ready meals are branded and distributed by Cibus Fresh. | cibusfresh.com | Noblesville, United States | 2017 | Sep 2018 | •••• |
Complete acquisition details for Indianapolis Fruit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Indianapolis Fruit
5 dated milestones of Indianapolis Fruit across 72 years, from founding to its latest funding, stage changes and deals.
- Founded Indianapolis Fruit is founded.
- Funding First funding round of $34.1M.
- Exit Acquired by Rotunda Capital Partners.
- Acquisition Acquires Cibus Fresh.
- Acquisition Acquires Get Fresh Produce.
Web traffic of Indianapolis Fruit
The website of Indianapolis Fruit (indyfruit.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 10.2% vs previous month
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Frequently Asked Questions about Indianapolis Fruit
Indianapolis Fruit was founded in 1947 and raised its 1st funding round 70 years after it was founded.
Indianapolis Fruit is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Mike Mascari is the CEO of Indianapolis Fruit, as recorded in our data.
Founded in 1947, Indianapolis Fruit Company is engaged in the distribution of fruits, vegetables, and related produce to grocers and retailers across Midwestern states. Operations are centered in Indianapolis, United States, with offerings that include fresh items like apples, bananas, berries, and carrots, alongside processed products such as dried fruits, cider, and salads. The company serves the essential produce sector through bulk and packaged supplies.
Indianapolis Fruit offers Fruits and Vegetables and Floral Products.
Indianapolis Fruit has made 2 acquisitions, including Cibus Fresh, and Get Fresh Produce.
Indianapolis Fruit has 1 investor. Key investors include Rotunda Capital Partners.
Indianapolis Fruit operates through Indianapolis Fruit Company.
Yes. Indianapolis Fruit was acquired by Rotunda Capital Partners in August 2017.