About Lignetics
Lignetics is an Energy & Utilities company based in Louisville (United States) founded in 1983, and was acquired by EagleTree Capital in November 2021. Renewable wood products are manufactured by Lignetics for sustainable applications. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Lignetics has raised $15 million across 6 funding rounds from investors including Fifth Third Bancorp, Sterling National Bank and Texas Capital Bank. The company has 506 employees. Lignetics has completed 7 acquisitions, including Bear Mountain BBQ Woods, Energex and Fiber Energy. Its website lignetics.com draws about 11 thousand monthly visits. Lignetics offers products and services including Wood Pellets, BBQ Pellets, Animal Bedding, Sustainable Plastics, and Wood Flour. Its focus areas include Materials, Renewable Materials and Wood-Based Products. Its legal entity is Lignetics Group.
Company details
Lignetics is involved in the production of high-quality renewable wood products, including pellets, fire logs, and industrial solutions. Operations are focused on transforming wood waste into environmentally friendly products across various sectors such as heating, BBQ, animal bedding, and sustainable plastics. A diverse family of consumer brands is maintained to offer sustainable solutions for everyday lifestyles. Sustainability is prioritized as a core value, with efforts directed toward fostering a greener future for people, wildlife, and the planet. Multiple plant locations across the United States and Canada are operated to support production and distribution.
- Headquarters Louisville, United States
- Employees 506
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website lignetics.com
- Social LinkedIn X Facebook
- Acquired by EagleTree Capital (Nov 2021)
- Legal Name Lignetics Group
- Total Equity Funding$15M (USD)
in 6 rounds
- InvestorsFifth Third Bancorp
& 8 more
- Employee Count506
- Investments & AcquisitionsBear Mountain BBQ Woods
& 6 more
- Acquired by
Products & Services of Lignetics
Lignetics offers a comprehensive portfolio of products and services, including Wood Pellets, BBQ Pellets, Animal Bedding, Sustainable Plastics, and Wood Flour.
Wood pellets are provided for sustainable heating solutions.
BBQ pellets are offered for eco-friendly grilling experiences.
Animal bedding is supplied for sustainable pet care.
Sustainable plastics are developed for industrial eco-friendly applications.
Wood flour is produced for various industrial uses.
Funding Insights of Lignetics
Lignetics has successfully raised a total of $15M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15M
- Total Rounds 6
- First Round $168,325
(Sep 2011)
- Investors Count 8
All 6 funding rounds of Lignetics 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 |
|---|---|---|---|---|---|
| Apr 2020 | Debt – Conventional | – | – | ||
| Feb 2020 | $8M | Private Equity Round | – | – | – |
| Feb 2018 | Private Equity Round | – | – | ||
| Mar 2014 | $7M | Private Equity Round | – | – | |
| Sep 2011 | $37,696 | Grant | – | – | |
| Sep 2011 | $168,325 | Grant | – | – |
9 investors in total: 9 institutional.
Investors in Lignetics
Lignetics has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Fifth Third Bancorp, Sterling National Bank and Texas Capital Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Taglich Private Equity is focused on lower middle-market investments. | 2001 | taglichpe.com | ||
| millroadcapital.com | ||||
Financing solutions are provided to lower middle market companies. | 2001 | gladstonecapital.com | Mclean, United States | |
Value is delivered through investments in various sectors by EagleTree Capital. | eagletree.com | New York, United States | ||
Commercial bank | 1858 | 53.com | Cincinnati, United States | |
Texas Capital Bank is engaged in providing banking and financial services. | 1997 | texascapitalbank.com | Dallas, United States | |
Commercial bank | 1888 | snb.com | Yonkers, United States | |
IncredibleBank is recognized for providing personal and business banking services. | rivervalleybank.com | |||
Leadership is provided on agriculture, food, and rural development matters. | usda.gov |
Investor details for Lignetics
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 Lignetics
32 people are tracked at Lignetics (14 in leadership, 18 in team); the tracked headcount is 506.
| Name | Role | Group |
|---|---|---|
Adam Ruple | VP, Human Resources | Leadership |
Alison Snider | VP, Sales & Business Development | Leadership |
Brett Jordan | CEO | Leadership |
Jim Gallman | VP, Marketing | Leadership |
Casey Hofman | CFO | Leadership |
Rocco A. Bouse | Sales Director, North America (Former National Sales Manager) | Leadership |
M. Blaine Emery | Vice President of Supply Chain | Leadership |
Thomas Duermeier | Director Of Information Technology | Leadership |
Nathan Mangum | Vice President and General Manager - Cooking | Leadership |
Rachel Samaras | Director Marketing Communications | Leadership |
Suzy Bendezu | Director of Sales Operations | Leadership |
Bryan Jenkins | Director Of Accounting And Finance | Leadership |
Joy Schmidt | Director Of Marketing Operations | Leadership |
Kevin Murray | Operations Director - Western USA | Leadership |
Paul Peterson | Senior Electronic Data Interchange Analyst | Team |
Aimee Schmitt | Payroll and office admin | Team |
Jason Tyree | Regional Human Resources Manager | Team |
Mark Hallberg | Senior Business Systems Manager | Team |
William Peck | Senior Cost Accountant | Team |
Ryan Bonifacio | Financial Planning And Analysis Manager | Team |
12 more people are available in the full profile.
Complete people profiles for Lignetics
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 Lignetics
Lignetics has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Bear Mountain BBQ Woods, Energex and Fiber Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of bio energy plants | fiberenergy.us | Arkansas, United States | 2006 | Jul 2024 | •••• | |
Forestry and wood products are supplied for renewable energy applications. | glrepellets.com | Spooner, United States | 2005 | Mar 2021 | •••• | |
Manufacturer of wood pellets | energex.com | Mifflintown, United States | 1993 | Jan 2020 | •••• | |
Designer and manufacturer of high-end architectural lighting solutions | pelletheat.com | Jaffrey, United States | 1992 | Feb 2018 | •••• | |
Animal feed and nutrition products are produced and supplied. | marthwood.com | Wausau, United States | 1958 | May 2017 | •••• | |
Producer of wood pellets | genevapellets.com | 1983 | Aug 2015 | •••• | ||
Bear Mountain BBQ Woods is engaged in producing premium wood pellets for grilling and smoking. | bmfp.com | Louisville, United States | 1998 | Feb 2015 | •••• |
Complete acquisition details for Lignetics
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 Lignetics
12 dated milestones of Lignetics across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Lignetics is founded.
- Funding First funding round of $168K.
- Exit Acquired by Taglich Private Equity.
- Acquisition Acquires Bear Mountain BBQ Woods.
- Acquisition Acquires Geneva Wood Fuels.
- Acquisition Acquires Marth Wood.
- Acquisition Acquires New England Wood Pellet.
- Acquisition Acquires Energex.
- Funding Latest funding round, Debt – Conventional,.
- Acquisition Acquires Great Lakes Renewable Energy.
- Exit Acquired by EagleTree Capital.
- Acquisition Acquires Fiber Energy.
Web traffic of Lignetics
The website of Lignetics (lignetics.com) receives about 10.6K visits a month.
- Monthly visits10.6K
▲ 97.3% vs previous month
Websites whose visitors overlap most with Lignetics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dansons.com | 91% | 3.5K | #4,850,921 | View details | |
| pelletheat.com | 30% | 6.2K | #2,779,998 | View details |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Lignetics (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Lignetics
Lignetics was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Lignetics is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Lignetics is a funded company, having raised a total of $15M across 6 funding rounds to date. The company's 1st funding round was a Grant of $168.33K, raised on Sep 2011.
Lignetics has 506 employees.
Lignetics is involved in the production of high-quality renewable wood products, including pellets, fire logs, and industrial solutions. Operations are focused on transforming wood waste into environmentally friendly products across various sectors such as heating, BBQ, animal bedding, and sustainable plastics. A diverse family of consumer brands is maintained to offer sustainable solutions for everyday lifestyles. Sustainability is prioritized as a core value, with efforts directed toward fostering a greener future for people, wildlife, and the planet. Multiple plant locations across the United States and Canada are operated to support production and distribution.
Lignetics offers Wood Pellets, BBQ Pellets, Animal Bedding, Sustainable Plastics, and Wood Flour.
Lignetics has made 7 acquisitions, including Bear Mountain BBQ Woods, Energex, and Fiber Energy.
Lignetics has 9 investors. Key investors include Fifth Third Bancorp, Sterling National Bank, Texas Capital Bank, Gladstone Capital, and Taglich Private Equity.
Lignetics operates through Lignetics Group.
Yes. Lignetics was acquired by EagleTree Capital in November 2021.