Pinnacle Foods

Parsippany Troy Hills, United States Founded: 1998 • Age: 28 yrs Acquired By Conagra Brands
Manufacturer and retailer of food products based in USA

About Pinnacle Foods

Pinnacle Foods is a company based in Parsippany Troy Hills (United States) founded in 1998 was acquired by Conagra Brands in June 2018.. Pinnacle Foods has completed 4 acquisitions, including Birds Eye, Boulder Brands and Evol Foods. Pinnacle Foods offers products and services including Canned Tomatoes and Tomato Products. Pinnacle Foods operates in a competitive market with competitors including General Mills, Danone, Kraft Heinz Company, NotCo and Conagra Brands, among others.

  • Headquarter Parsippany Troy Hills, United States
  • Stage Public
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Conagra Foods
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    J P Morgan

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Birds Eye

    & 3 more

  • Acquired by
    Conagra Brands

    & 2 more

    (Jun 27, 2018)

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Products & Services of Pinnacle Foods

Pinnacle Foods offers a comprehensive portfolio of products and services, including Canned Tomatoes and Tomato Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vine-ripened tomatoes canned for freshness in foodservice applications.

Variety of processed tomatoes for recipes and menus.

People of Pinnacle Foods
Headcount 10000+
Employee Profiles 710
Board Members and Advisors 10
Employee Profiles
People
Ryan McGarrity
R&d Manager
People
Craig Andrews
Senior Director Of Continuous Improvement
People
Andrea Teruel
Category Management Manager
People
Julie Paustian
Manager

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Board Members and Advisors
people
Anil Arora
Director
people
Melissa Lora
Director
people
Denise A. Paulonis
Director
people
Francisco Fraga
Director

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Funding Insights of Pinnacle Foods

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2003 Amount Private Equity Round - Pinnacle Foods 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 Pinnacle Foods

Pinnacle Foods has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, Blackstone and Conagra Brands. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Private equity firm
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 Pinnacle Foods

Pinnacle Foods has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Birds Eye, Boulder Brands and Evol Foods. 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
Food products are manufactured and marketed under multiple brands.
2009
Food product brand of plant based meat-substitiute
2003
Frozen food products are manufactured and sold nationwide.
2002
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 - Pinnacle Foods

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

Pinnacle Foods Comparisons

Employees
+
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Competitors of Pinnacle Foods

Pinnacle 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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

Frequently Asked Questions about Pinnacle Foods

When was Pinnacle Foods founded?

Pinnacle Foods was founded in 1998 and raised its 1st funding round 5 years after it was founded.

Where is Pinnacle Foods located?

Pinnacle Foods is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.

What does Pinnacle Foods do?

Pinnacle Foods was founded in 1998 and is headquartered in Parsippany Troy Hills, United States. Operations are focused on the food manufacturing sector, where branded products are produced and distributed across North America. The company is divided into three segments: Birds Eye Frozen for vegetables and meat; Duncan Hines Grocery for baked goods, mixes, and sauces; and Specialty Foods for premium wafers, chips, and sauces.

Who are the top competitors of Pinnacle Foods?

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

What products or services does Pinnacle Foods offer?

Pinnacle Foods offers Canned Tomatoes and Tomato Products.

How many acquisitions has Pinnacle Foods made?

Pinnacle Foods has made 4 acquisitions, including Birds Eye, Boulder Brands, and Evol Foods.

Who are Pinnacle Foods's investors?

Pinnacle Foods has 5 investors. Key investors include J P Morgan, Blackstone, Conagra Brands, CCMP Capital, and Metropoulos.

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