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Enterprise Grocery Retail Chains sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Grocery Retail Chains

1.1 - About Enterprise Grocery Retail Chains sector

Companies in the Enterprise Grocery Retail Chains category operate large supermarket, hypermarket, convenience, and online grocery networks. They source and merchandise fresh, packaged, and prepared foods, run store operations and digital storefronts, and maintain cold-chain reliability. Their value proposition centers on breadth of assortment, competitive pricing, and convenient fulfillment, enabling strategic buyers to drive basket growth, shopping frequency, and customer lifetime value across omnichannel retail.

These operators deploy omnichannel e-commerce platforms with real-time inventory and slot booking, offer click-and-collect and curbside pickup, and manage last-mile delivery through in-house fleets or partners. They use category management and pricing optimization, invest in private label development, and run POS, self-checkout, and digital payment systems. Loyalty programs, personalized offers, and retail media networks are integrated with supply chain planning, distribution centers, and cold-chain logistics to improve service levels and margins.

They primarily serve household consumers and urban and suburban shoppers, while partnering with CPG manufacturers seeking shelf space and promotional reach. Outcomes typically include faster order fulfillment and pickup times, improved freshness and on-shelf availability, lower delivered cost through optimized logistics, and increased sell-through via data-driven promotions. For suppliers, these retailers provide scalable distribution, retail media activation, and category insights that enhance velocity and brand equity.

2. Buyers in the Enterprise Grocery Retail Chains sector

2.1 Top strategic acquirers of Enterprise Grocery Retail Chains companies

Krispy Kreme Logo

Krispy Kreme

HQ: United States Website
  • Description: Provider of doughnuts, complementary beverages and packaged sweets through owned and franchised Krispy Kreme stores; offers iced, glazed, filled, cake and chocolate doughnuts, coffee roasts, espresso drinks, teas, chocolate drinks, iced coffee and chillers, and delivers catering and delivery services across the US, Asia and Europe.
  • Key Products:
  • Original Glazed® Doughnut: Freshly made doughnut served hot-off-the-line, delivering a melt-in-your-mouth experience and globally recognized flagship treat at Krispy Kreme stores
  • Fresh Doughnut Shops: Runs Hot Light Theater shops producing doughnuts on-site
  • customers watch production, buy warm pastries, and enjoy immersive brand experiences worldwide
  • Ecommerce & Delivery Platform: Offers ecommerce and delivery platform enabling online doughnut orders for home or office, expanding fresh access beyond physical shops
  • Retailer Partnership Program: Supplies fresh doughnuts daily to grocery, convenience and other retail partners, creating nearly 12,000 additional consumer access points globally.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Grocery Retail Chains sector

M&A buyer group 1: Online Grocery

68 companies View group →
Description: Companies in the Food & Agriculture Online Grocery Platforms category power consumer-facing marketplaces and merchant tools for ordering, payment, and fulfillment of groceries, convenience goods, and alcohol. They connect retailers to last-mile delivery networks, personal shoppers, and micro-fulfillment to enable same-day delivery and pickup. Strategic buyers in online grocery focus on expanding digital reach, improving basket conversion, and orchestrating reliable, compliant delivery at national and local scale.
DoorDash

DoorDash

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of a technology-driven local commerce platform that connects consumers with nearby businesses via DoorDash and Wolt marketplaces, and offers logistics, delivery and white-label storefront services that help merchants establish online presence, fulfill customer orders and reach diners across restaurant, grocery, convenience and specialty retail sectors worldwide.
  • Key Products:
  • DoorDash Marketplace: Online marketplace that lets consumers discover local merchants, place food or retail orders, and receive on-demand delivery fulfilled by Dashers, increasing merchant reach
  • Wolt Marketplace: International ordering platform offering wide selection of local restaurants and stores, enabling quick discovery, seamless checkout and courier delivery in numerous global cities
  • DoorDash Drive: White-label last-mile logistics service where merchants dispatch same-day deliveries using DoorDash’s driver network, integrating directly with merchant systems for flexible fulfillment
  • DoorDash Storefront: Turn-key e-commerce solution that converts a merchant’s own website into an ordering site supporting pickup or delivery, with DoorDash handling payments, delivery via Drive, and customer data access.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Grocery Retail Chains sector

3.1 - Buyout funds in the Enterprise Grocery Retail Chains sector

Buyout Funds investing in Enterprise Grocery Retail Chains companies

51+ funds
Description: Buyout funds focused on Enterprise Grocery Retail Chains companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Grocery Retail Chains
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Grocery Retail Chains sector

Growth Equity Funds in Enterprise Grocery Retail Chains companies

41+ funds
Description: Growth equity funds focused on Enterprise Grocery Retail Chains companies globally.

Idinvest Partners

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Grocery Retail Chains
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Grocery Retail Chains companies

4.2 - Public trading comparable groups for Enterprise Grocery Retail Chains sector

Valuation benchmark group 1: Grocery Supermarket Retail Chains

8 companies View group →
Description: Companies in this trading comparable group are large-scale grocery supermarket chains and hypermarket operators selling food, beverages, household essentials and general merchandise across national store networks and e-commerce channels. They are comparable due to similar store-based formats, high purchase frequency, private-label penetration, omnichannel capabilities, and scale-driven procurement and distribution, yielding defensible cash flows and margin profiles used as valuation benchmarks for public trading comparables.
Koninklijke Ahold Delhaize logo

Koninklijke Ahold Delhaize

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of retail and wholesale services, specializing in supermarkets and e-commerce, offering a range of food and household products through a network of over 7,600 stores and robust online platforms across multiple countries.
  • Key Products:
  • Supermarkets: A network of physical grocery stores providing food and household products
  • E-commerce Platforms: Online grocery shopping and delivery services
  • Private Label Products: Range of private label brands across diverse product categories
  • Wholesale Services: Supply chain and distribution services for third-party retailers
  • Loyalty Programs: Customer loyalty and rewards programs to enhance shopping experience.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Grocery Retail Chains sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Grocery Retail Chains sector

Who are the top strategic acquirers of Enterprise Grocery Retail Chains companies?

Top strategic buyers in this sector include Krispy Kreme, a provider of doughnuts, complementary beverages and packaged sweets through owned and franchised krispy kreme stores; offers iced, glazed, filled, cake and chocolate doughnuts, coffee roasts, espresso drinks, teas, chocolate drinks, iced coffee and chillers, and delivers catering and delivery services across the us, asia and europe. .

Which buyer groups are most relevant for Enterprise Grocery Retail Chains companies?

Relevant strategic buyer groups similar to the Enterprise Grocery Retail Chains sector include Online Grocery because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Grocery Retail Chains sector

Which are the top PE firms investing in Enterprise Grocery Retail Chains companies?

Potential investors in the broader Enterprise Grocery Retail Chains space include Idinvest Partners and TPG.

Who are the top buyout funds acquiring Enterprise Grocery Retail Chains companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Grocery Retail Chains space include TPG.

Who are the top growth equity funds investing in Enterprise Grocery Retail Chains companies?

Growth funds investing in the broader Enterprise Grocery Retail Chains sector include Idinvest Partners.

Valuation of Companies in Enterprise Grocery Retail Chains sector

Which are the key public companies that are relevant trading comps for Enterprise Grocery Retail Chains companies?

Key trading comparable groups include Koninklijke Ahold Delhaize, a provider of retail and wholesale services, specializing in supermarkets and e-commerce, offering a range of food and household products through a network of over 7,600 stores and robust online platforms across multiple countries..

Which are the key trading comparable groups for Enterprise Grocery Retail Chains companies?

Similar trading comparable companies include Grocery Supermarket Retail Chains. Our platform tracks detailed trading comparable groups in the Enterprise Grocery Retail Chains sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Grocery Retail Chains sector?

Our platform tracks M&A transactions in the Enterprise Grocery Retail Chains sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Grocery Retail Chains?

Access recent funding rounds in the Enterprise Grocery Retail Chains sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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