Middleby

Elgin, United States Founded: 1888 • Age: 138 yrs
Manufacturer of commercial and residential cooking equipment
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About Middleby

Middleby is a company based in Elgin (United States) founded in 1888.. The company has 10,620 employees as of December 31, 2024. Middleby has completed 60 acquisitions, including ALKAR, Brava Home and Burford.

  • Headquarter Elgin, United States
  • Employees 10620 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name The Middleby Corporation
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
    $3.88 B
    -4
    as on Dec 31, 2024
  • Net Profit
    $428.43 M
    6.87
    as on Dec 31, 2024
  • EBITDA
    $830.72 M
    -3.05
    as on Dec 31, 2024
  • Latest Funding Round
    $747.5 M (USD), Post-IPO

    Aug 18, 2020

  • Investors
  • Employee Count
    10620

    as on Dec 31, 2024

  • Investments & Acquisitions
    ALKAR

    & 59 more

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IPO & Listings of Middleby

Middleby is a publicly listed company on the NASDAQ with ticker symbol MIDD in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MIDD . Sector: Producer manufacturing · USA
People of Middleby
Headcount 5000-10000
Employee Profiles 123
Board Members and Advisors 7
Employee Profiles
People
Steve Spittle
Chief Commercial Officer
People
James K. Pool III
Chief Technology and Operations Officer
People
Jason Smoyer
Sales Director - Middleby Brewing & Distilling Solutions Group
People
Brittany Cerwin
Chief Accounting Officer

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Board Members and Advisors
people
Tejas Shah
Director

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Funding Insights of Middleby

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $747.5M
  • First Round

    (23 Dec 2002)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Post-IPO - Middleby Valuation

investors

Dec, 2002 Amount Debt – Conventional - Middleby Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Middleby

Middleby has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bank of America. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking and asset management services are offered worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Middleby

Middleby has strategically engaged in corporate development activities, having acquired 60 companies. Notable acquisitions include ALKAR, Brava Home and Burford. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Patented canning and bottling systems for craft beverages are provided.
2019
Provider of smart oven
2015
Stainless steel equipment is supplied for beer brewing operations.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Middleby

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Middleby Comparisons

Employees
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Competitors of Middleby

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Middleby

Frequently Asked Questions about Middleby

When was Middleby founded?

Middleby was founded in 1888 and raised its 1st funding round 114 years after it was founded.

Where is Middleby located?

Middleby is headquartered in Elgin, United States. It is registered at Elgin, Illinois, United States.

Who is the current CEO of Middleby?

Timothy FitzGerald is the current CEO of Middleby.

How many employees does Middleby have?

As of Dec 31, 2024, the latest employee count at Middleby is 10,620.

What is the annual revenue of Middleby?

Annual revenue of Middleby is $3.88B as on Dec 31, 2024.

What does Middleby do?

The company was founded in 1888 and is headquartered in Elgin, United States. Operations focus on the manufacturing sector, producing equipment for commercial and residential cooking applications. Products encompass toasting and warming devices, fryers, pasta cookers, baking and conveyor ovens, specialty chargrills, coffee and tea brewers, air purification systems, ventilation solutions, steam cooking tools, as well as cold-side, food holding, and transportation options.

Is Middleby publicly traded?

Yes, Middleby is publicly traded on NASDAQ under the ticker symbol MIDD.

How many acquisitions has Middleby made?

Middleby has made 60 acquisitions, including ALKAR, Brava Home, and Burford.

Who are Middleby's investors?

Middleby has 1 investor. Key investors include Bank of America.

What is Middleby's ticker symbol?

The ticker symbol of Middleby is MIDD on NASDAQ.

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