- Companies
- CJ America
CJ America Valuation, Funding & Investors
CJ America is valued at $1.2B as of May 2019.
Last CJ America valuation
$1.2B
Undisclosed stage · May 2019
Last CJ America funding round
$320M
Undisclosed stage · May 2019
Cumulative funding CJ America raised
$320M
across 1 funding round
Key investors in CJ America
Bain Capital
About CJ America
CJ America is the US subsidiary of South Korea's CJ Group, delivering food processing, logistics, and entertainment services from facilities in California and other states. The company produces ready-to-eat meals, operates logistics hubs, and manages media content distribution. CJ America supplies retailers like Walmart and supports bio-pharmaceutical logistics.
Founded
1999
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Services
Valuation
$1.2B (May 2019)
Sectors
CJ America Valuation
CJ America is currently valued at $1.2B, based on its undisclosed-stage round in May 2019.
The $320M round was led by Bain Capital.
CJ America valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2019 | Undisclosed stage | $1.2B |
CJ America Funding History
CJ America has raised a total of $320M across 1 funding round.
CJ America funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2019 | Undisclosed stage | Bain Capital (lead) | $320M | $1.2B | CJ America, also referred to as CJ Foods America Corp., is a U.S. subsidiary of South Korea's CJ CheilJedang, focused on sales and marketing in North America and holding stakes in frozen food operations including the acquisition of Schwan’s Company. In May 2019, Bain Capital agreed to acquire a 27% stake in CJ Foods America for $320 million, announced on May 23 and closed around June 12, to support CJ CheilJedang's $1.84 billion purchase of Schwan’s, reducing financial burden and enhancing competitiveness in the global frozen food market. This valued the company at approximately $1.185 billion post-investment. CJ CheilJedang had previously acquired a controlling 70% stake in Schwan’s in early 2019 for about $1.7-1.84 billion, expanding its U.S. manufacturing from five plants to 22 facilities and gaining strong distribution networks for brands like Red Baron pizza. The Bain deal positioned Bain as a financial investor in the Schwan’s transaction, with CJ retaining majority control. CJ Foods America managed bibigo dumplings, ready meals, and noodles, building on prior U.S. entries like Annie Chun's and Kahiki Foods. In June 2021, CJ CheilJedang repurchased Bain Capital's full 27.14% stake for $438 million, yielding Bain significant gains and allowing CJ to consolidate ownership. By 2023, CJ increased its stake to 75.5%, with plans to acquire remaining shares. |
Who has invested in CJ America?
1 investor has backed CJ America across its funding rounds, including Bain Capital.
Lead investors include Bain Capital.
CJ America Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 CJ America investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCJ America Competitors
CJ America competitors include listed companies like Betagro, Lassonde, Mezzan Holding and Grupo Kuo, and private ones like Prosur and Shijiazhuang Junlebao Dairy.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.7B | $417M | $1.2B | 0.5x | ||
| Publicly listed | $2.1B | $246M | $1.2B | 0.8x | ||
| Private | - | - | $1.2B | - | ||
| Publicly listed | $966M | $114M | $1.2B | 1.5x | ||
| Publicly listed | $2B | $226M | $1.2B | 0.5x | ||
| Private | - | - | $1.1B | - |
CJ America Public Comps
CJ America is still privately-owned, but its public comps include Betagro, Lassonde, Mezzan Holding, Aryzta, Grupo Kuo, Herbalife, Fever-Tree, Kri-Kri Milk Industry, Dole and Italmobiliare.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.7B | $417M | 0.5x | 0.5x | 4.5x | 5.0x | |||
| $2.1B | $246M | 0.7x | 0.8x | 6.4x | 6.1x | |||
| $966M | $114M | 1.5x | 1.5x | 13.1x | 9.7x | |||
| $2.6B | $353M | 0.8x | 0.8x | 5.8x | 5.7x | |||
| $2B | $226M | 0.7x | 0.5x | 6.7x | 4.5x | |||
| $5B | $602M | 0.6x | 0.6x | 5.1x | 4.6x | |||
| $436M | $43M | 2.6x | 2.2x | 26.9x | 18.0x | |||
| $379M | $56M | 3.2x | 2.7x | 21.9x | 16.8x | |||
This data is available for Pro users. Sign up to see all CJ America competitors and their valuation data. Start Free Trial | ||||||||
Common questions about CJ America
| When was CJ America founded? | CJ America was founded in 1999. |
| Where is CJ America headquartered? | CJ America is headquartered in Los Angeles, CA, United States. |
| Is CJ America publicly listed? | No, CJ America is a private, VC-backed company. |
| What is CJ America's valuation? | CJ America was last valued at $1.2B in its undisclosed-stage round in May 2019. |
| How much funding has CJ America raised? | CJ America has raised $320M across 1 funding round. |
| What was CJ America's last funding round? | CJ America's last funding round was a $320M undisclosed-stage round in May 2019, led by Bain Capital. |
| Who are CJ America's investors? | CJ America's investors include Bain Capital. |
| Which companies are comparable to CJ America? | Companies comparable to CJ America include Betagro, Lassonde, Prosur, Mezzan Holding, Grupo Kuo and Shijiazhuang Junlebao Dairy. |
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