About Kar's Nuts
Kar's Nuts is a Consumer company based in Madison Heights (United States) founded in 1933, and was acquired by CapVest in April 2022. Savory snack mixes are produced and sold worldwide. Kar's Nuts has completed 1 acquisition, including Sanders. Its chief executive, as recorded, is Nick Nicolay. Kar's Nuts offers products and services including Trail Mix, Nuts and Seeds, and Variety Packs. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks. Its legal entity is Kar's Nuts, Inc. Its competitors include Bobo’s Oat Bars, Clio Snacks and Honey Mama's; 3 of its 3 listed competitors have raised funding.
Company details
Kars Nuts was founded in 1933 and is headquartered in Madison Heights, United States. The company operates in the savory snacks sector, where various nut-based mixes such as sweet n salty, nut n berry, sweet n salty select, and salted caramel delight are manufactured. These products are distributed through organized retailers across global markets. Leadership is provided by CEO and President Nick Nicolay.
- InvestorsPalladium Equity Partners
& 1 more
- Investments & Acquisitions
- Acquired byCapVest
(Apr 2022)
Products & Services of Kar's Nuts
Kar's Nuts offers a comprehensive portfolio of products and services, including Trail Mix, Nuts and Seeds, and Variety Packs.
Flavored mixes of nuts and fruits for portable snacking
Roasted and seasoned nuts for everyday consumption
Customizable collections of mixes and nuts for variety
Funding Insights of Kar's Nuts
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Kars Nuts 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 |
|---|---|---|---|---|---|
| Mar 2017 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Kar's Nuts
Kar's Nuts has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Palladium Equity Partners and CapVest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Palladium Equity Partners is focused on investing in U.S. middle-market companies. | 1997 | palladiumequity.com | New York, United States | |
CapVest is recognized as a leading private equity investor. | 1999 | capvest.co | London, United Kingdom |
Investor details for Kars Nuts
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People of Kar's Nuts
5 people are tracked at Kar's Nuts (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Nick Nicolay | CEO & President | Leadership |
Mike Illum | Chief Customer Officer | Leadership |
Vic Mehren | CEO | Leadership |
Jason Gearhart | Vice President of Sales-Retail | Leadership |
Chris Feagain | Sales Representative | Team |
Complete people profiles for Kar's Nuts
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Investments & Acquisitions by Kar's Nuts
Kar's Nuts has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanders.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category food & beverages company | sanderscandy.com | Macomb, United States | 1875 | Oct 2018 | •••• |
Complete acquisition details for Kars Nuts
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Competitors of Kar's Nuts
Kar's Nuts has 3 listed competitors in our database, 3 of them funded. They include Bobo’s Oat Bars, Clio Snacks and Honey Mama's.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eatbobos.com | 2005 | Boulder, United States | $13.5M | 14 | Vegan hand-baked granola bars are produced and distributed nationwide. | |
| cliosnacks.com | 2015 | Roselle Park, United States | $35.81M | Gluten-free snack bars in various flavors are produced and sold. | ||
| honeymamas.com | 2012 | Portland, United States | $19.33M | Honey-cocoa bars are produced and marketed using natural ingredients. |
Detailed competitors of Kars Nuts
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Web traffic of Kar's Nuts
Websites that share an audience with Kar's Nuts (karsnuts.com).
Websites whose visitors overlap most with Kar's Nuts. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bangcookies.com | 100% | #1,191,968 | View details | ||
| 180snacks.com | 98% | 4.2K | #4,188,388 | View details | |
maxinesheavenly.com | maxinesheavenly.com | 94% | #2,645,366 | – | |
| restaurantware.com | 94% | 171.4K | #221,427 | View details | |
wolfiesnuts.com | wolfiesnuts.com | 90% | #4,799,144 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Kar's Nuts
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- Audience overlap
- Engagement analytics
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Kar's Nuts (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | |||
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | USD 93.92 B | 319,000 |
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Related news about Kar's Nuts
Complete news archive for Kars Nuts
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Frequently Asked Questions about Kar's Nuts
Kar's Nuts was founded in 1933 and raised its 1st funding round 84 years after it was founded.
Kar's Nuts is headquartered in Madison Heights, United States. It is registered at Madison Heights, Michigan, United States.
Nick Nicolay is the CEO of Kar's Nuts, as recorded in our data.
Kars Nuts was founded in 1933 and is headquartered in Madison Heights, United States. The company operates in the savory snacks sector, where various nut-based mixes such as sweet n salty, nut n berry, sweet n salty select, and salted caramel delight are manufactured. These products are distributed through organized retailers across global markets. Leadership is provided by CEO and President Nick Nicolay.
Kar's Nuts's top competitors include Bobo’s Oat Bars, Clio Snacks and Honey Mama's.
Kar's Nuts offers Trail Mix, Nuts and Seeds, and Variety Packs.
Kar's Nuts has made 1 acquisition, including Sanders.
Kar's Nuts has 2 investors. Key investors include Palladium Equity Partners, and CapVest.
Kar's Nuts operates through Kar's Nuts, Inc..
Yes. Kar's Nuts was acquired by CapVest in April 2022.