Michael Foods

Minnetonka, United States Founded: 1987 • Age: 39 yrs Acquired By Thomas H Lee Partners
High-quality food ingredients are processed for industry use.
Annual revenue - Latest available
Total funding $236.2M 1 rounds
Employees 125 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Michael Foods

Michael Foods is a company based in Minnetonka (United States) founded in 1987 was acquired by Thomas H Lee Partners in November 2003. Michael Foods has raised $236.2 million across 1 funding round from investors including Thomas H Lee Partners, Vestar Capital Partners and Goldner Hawn. The company has 125 employees as of December 31, 2022. Michael Foods has completed 2 acquisitions, including Almark Foods and Henningsen Foods. Michael Foods offers products and services including Eggs, Potatoes, French Toast, Mac and Cheese, and Dried Meats. Michael Foods operates in a competitive market with competitors including General Mills, Danone, Kraft Heinz Company, NotCo and Conagra Brands, among others.

  • Headquarter Minnetonka, United States
  • Employees 125 as on 31 Dec, 2022
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Michael Foods, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $236.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $236.2 M (USD), Unspecified

    Jul 30, 2010

  • Investors
  • Employee Count
    125

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Thomas H Lee Partners

    & 1 more

    (Nov 20, 2003)

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Products & Services of Michael Foods

Michael Foods offers a comprehensive portfolio of products and services, including Eggs, Potatoes, French Toast, Mac and Cheese, and Dried Meats.

Product name locked
Category locked
Primary

Value-added eggs for simplified meal preparation in foodservice

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Products for various applications in restaurants and institutions

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Ready-to-use items for breakfast and snacks

Product name locked
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Convenience products for quick foodservice preparation

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Ingredients for sauces, dressings, and entrees

People of Michael Foods

Headcount 1000-5000
Employee Profiles 86
Employee Profiles
People
Thet N Oo
Human Resources Business Partner
People
Eliza Tobon
Senior Recruiter
People
Kristen Abbenhaus
Payroll Administrator
People
Gracia Pratt
Director Of Growth And Innovation

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Funding Insights of Michael Foods

Michael Foods has successfully raised a total of $236.2M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $236.2 million completed in July 2010. 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.

Investors in Michael Foods

Michael Foods has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Thomas H Lee Partners, Vestar Capital Partners and Goldner Hawn.

All
Venture Fund
Investor Description Founded Year Domain Location
A leading private equity firm focused on value creation.
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Goldner Hawn is engaged in private equity investments.
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Private equity investments are directed toward traditional industries.
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Investor details for Michael Foods

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Michael Foods

Michael Foods has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Almark Foods and Henningsen Foods.

Investments
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Investment portfolio details for Michael Foods

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Egg-based food products are processed by Almark Foods.
Locked Locked 1998 Locked
Grocery products are distributed electronically to food industry sectors.
Locked Locked 1889 Locked
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Complete acquisition details for Michael Foods

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Financial Statements - Michael Foods

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Detailed financials for Michael Foods

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Michael Foods Comparisons

Michael Foods Primary company
Description
High-quality food ingredients are processed for industry use...
Location
Minnetonka, United States
Founded Year
1987
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
125
As of 2022
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Peer comparison for Michael Foods

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Competitors of Michael Foods

Michael Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as General Mills, Danone, Kraft Heinz Company, NotCo and Conagra Brands, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category food products are produced and distributed globally.
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Health-focused dairy and plant-based food products are offered.
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Processed foods and beverages are manufactured globally.
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AI-powered technology is developed for food product innovation and development.
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Vertically integrated company in manufacturing and supply of value-added meat and food products
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Detailed competitors of Michael Foods

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Latest news on Michael Foods

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Complete news archive for Michael Foods

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Frequently Asked Questions about Michael Foods

Michael Foods was founded in 1987 and raised its 1st funding round 23 years after it was founded.

Michael Foods is headquartered in Minnetonka, United States. It is registered at Minnetonka, Minnesota, United States.

Michael Foods is a funded company, having raised a total of $236.2M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Michael Foods is 125.

Michael Foods was established in 1987 in Minnetonka, United States, within the food processing sector. Operations focus on the production and distribution of egg products, dairy items, and potato-based ingredients. Services include manufacturing, packaging, and supply chain management for foodservice and retail clients. The company maintains facilities across the U.S., supporting domestic and international markets with standardized quality controls.

Michael Foods's top competitors include Kraft Heinz Company, General Mills and NotCo.

Michael Foods offers Eggs, Potatoes, French Toast, Mac and Cheese, and Dried Meats.

Michael Foods has made 2 acquisitions, including Almark Foods, and Henningsen Foods.

Michael Foods has 3 investors. Key investors include Thomas H Lee Partners, Vestar Capital Partners, and Goldner Hawn.

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