About Shearer’s
Shearer’s is a company based in Massillon (United States) founded in 1900 was acquired by Clayton Dubilier & Rice in December 2023.. The company has 4,018 employees as of December 31, 2020. Shearer’s has completed 1 acquisition, including Snack Alliance. Shearer’s offers products and services including Salty Snacks and Cookies and Crackers.
- Headquarter Massillon, United States
- Employees 4018 as on 31 Dec, 2020
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shearer's Foods, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$139 M (USD), Debt – Conventional
Jun 01, 2010
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Investors
Ontario Teachers' Pension Plan
& 3 more
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Employee Count
4018
as on Dec 31, 2020
- Investments & Acquisitions
- Acquired by
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Products & Services of Shearer’s
Shearer’s offers a comprehensive portfolio of products and services, including Salty Snacks and Cookies and Crackers. 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.
Salty snacks such as potato chips and tortilla chips are produced by Shearer's Foods for consumption in various markets.
Cookies and crackers are manufactured by Shearer's Foods as part of its snack offerings.
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Finance and Accounting
14 people
Senior Team
12 people
Sales and Marketing
12 people
Human Resources and Administration
12 people
Leadership Team
11 people
Software Development Team
11 people
Training Team
3 people
Legal and Compliance
2 people
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Funding Insights of Shearer’s
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $139.0M
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First Round
First Round
(01 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Debt – Conventional - Shearer’s | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shearer’s
Shearer’s has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Ontario Teachers' Pension Plan, NewStar Financial and Mistral Equity Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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A diversified investment firm focused on private equity and venture capital.
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Founded Year | Domain | Location | |
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Financial services are provided by NewStar Financial in Boston.
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Founded Year | Domain | Location | |
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Pension funds focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shearer’s
Shearer’s has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Snack Alliance. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Snack foods are distributed through alliances in the United States.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shearers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shearer’S Comparisons
Competitors of Shearer’s
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Shearer’s
When was Shearer’s founded?
Shearer’s was founded in 1900 and raised its 1st funding round 110 years after it was founded.
Where is Shearer’s located?
Shearer’s is headquartered in Massillon, United States. It is registered at Massillon, Ohio, United States.
How many employees does Shearer’s have?
As of Dec 31, 2020, the latest employee count at Shearer’s is 4,018.
What does Shearer’s do?
Shearers was founded in 1900 and is headquartered in Massillon, United States. Operations focus on the snack food sector, where private label products are manufactured and distributed to various retailers. Services include production of items such as chips and extruded snacks, with facilities supporting co-manufacturing needs. The company operates primarily within the North American market, emphasizing efficient supply chain management for branded and store-label goods.
What products or services does Shearer’s offer?
Shearer’s offers Salty Snacks and Cookies and Crackers.
How many acquisitions has Shearer’s made?
Shearer’s has made 1 acquisition, including Snack Alliance.
Who are Shearer’s's investors?
Shearer’s has 4 investors. Key investors include Ontario Teachers' Pension Plan, NewStar Financial, Mistral Equity Partners, and CD&R.