Portfolio
Colorado Boxed Beef Company
In 2017, we made an investment in Colorado Boxed Beef Company. Based in Lakeland, Florida, Colorado Boxed Beef Company is the second largest specialty distributor of protein products (beef, pork, poultry, and seafood) in the United States
Vision
Support CBBC’s transition from a family-owned distributor into a scaled, strategically oriented platform while preserving its strong culture and expanding product breadth and geographic reach.
Transform
Built the foundation for a scalable, data-driven platform
- Partnered with leadership to bring systematic rigor to growth planning and performance management
- Introduced enhanced analysis and tracking to identify best practices and drive informed commercial and operational decisions
- Optimized working capital, inventory management, warehouse operations and pricing to support sustainable expansion
- Added key leadership and board talent to strengthen capabilities in business development, inventory management and strategic planning
Scale
Expanded capabilities, reach and platform potential
- Leveraged Altamont’s distribution expertise to identify and pursue both organic and acquisitive growth opportunities
- Completed three add-on acquisitions, broadening product lines and geographic footprint
- Entered new markets, broadened private label offerings and strengthened CBBC’s position as a national specialty protein distributor
- Empowered employees with commercial and operational tools that provided greater visibility while preserving CBBC’s culture and the “CBBC way”
Results
- ~1.6x Gross Profit growth
- Became the second-largest specialty protein distributor in the U.S.
- ~1.2x employee growth