Turning Point Brands Growth, Revenue, Number of Employees and Funding

Overview

Location:
Louisville, KY USA
Total Funding:$250M
Industry:Consumer
Founded:N/A
Lead Investor(s):N/A
Press

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Turning Point Brands's estimated revenue is currently $332.7M per year.
  • Turning Point Brands received $250.0M in venture funding in February 2017.
  • Turning Point Brands's estimated revenue per employee is $4495716
  • Turning Point Brands's total funding is $250M.

Employee Data

  • Turning Point Brands has 74 Employees.
  • Turning Point Brands grew their employee count by 30% last year.
  • Turning Point Brands currently has 13 job openings.

Executive Contacts

NameTitle
Mark StegemanSenior Vice President & Chief Financial Officer
Robert RieselDirector Corporate Quality Assurance
Ken AndreozziVice President and Controller
James MurraySVP, Business Planning
Nick MolinaPresident, International Vapor Group
Brad BeardVP Finance and Controller
Anthony YockeyVice President of Enterprise Systems - International Vapor Group
Larry WexlerPresident/CEO
JAMES DOBBINSSVP, General Counsel & Secretary
CHARLES MELANDERSVP, Operations & Quality Assurance

What Is Turning Point Brands?

Our organization has built a solid foundation in the Other Tobacco Products (OTP) Category by successfully combining a diverse portfolio of well-known and ground-breaking new brands with a highly effective sales and distribution network. Our tobacco portfolio features iconic, historical brands Zig-Zag®, Beech-Nut® and Stoker's®. The world famous Zig-Zag® brand has a proud heritage of leadership dating to 1879. Winner of the 1900 World's Fair Gold Medal for being the first interleaved Cigarette Paper, it remains a leading premium paper in the United States and Canada today. Over the past decade, Zig-Zag® has entered and been successful in the Make Your Own Cigar and Cigar segments. Beech-Nut®, with a rich history that dates to 1897, remains a formidable competitor in the premium Chewing Tobacco segment. And Stoker's®, with a heritage dating to 1940, has grown to a leading position in Chewing Tobacco and is the fastest-growing Moist Snuff tobacco on the market today. Determined to keep pace with evolving consumer preferences, we've expanded into the high-growth Electronic Vapor segment. We first developed a strategic partnership with VMR, securing retail distribution rights for V2® a leading on-line electronic cigarette brand. Thanks to the hard work of our highly effective sales organization, V2® is now available in retail stores nationally and has captured a leading share in closed system electronic cigarettes within the stores where it is carried. We are now securing retail distribution of an innovative line of new V2® open system vaporizers and E-liquids. We also developed and launched a line of vaporizers to complement our E-liquids behind the powerful Zig-Zag® brand. We believe our experienced management team has the ability to utilize our broad portfolio of brands, highly effective sales force and key strategic partnerships to continue providing adult consumers an exciting array of high quality products and increasing stockholder's value well into the future.

keywords:N/A

74

Number of Employees

$332.7M

Revenue (est)

13

Current Jobs

30%

Employee Growth %

$250M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Similar Companies

NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Rev-A-Shelf
$35.9M1535%
Branham Corpora...
$13.8M595%
Mammoth Cave Na...
$9M3911%
Turning Point B...
$332.7M7430%$250M

Turning Point Brands News

09/07/2019 - Turning Point Brands to Present at Gateway Conference on ...

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands (NYSE:TPB), a Kentucky-based industry leading marketer of Other Tobacco ...

09/08/2019 - HC Charles Diao Purchases 1000 Shares of Turning Point ...

Turning Point Brands Inc (NYSE:TPB) Director H.C. Charles Diao acquired 1,000 shares of the company's stock in a transaction dated ...

09/05/2019 - Digging Up the Details on Turning Point Brands, Inc. (TPB)

On Wednesday, shares of Turning Point Brands, Inc. (NYSE:TPB) marked $32.11 per share versus a previous $34.54 closing price. With having ...

Turning Point Brands Funding

DateAmountRoundLead InvestorsReference
2017-02-20$250.0MUndisclosedMultipleArticle

Turning Point Brands Executive Hires

DateNameTitleReference
2018-03-14Robert LavanChief Financial OfficerArticle
2018-09-14BRITTANI CUSHMANVP EXTERNAL AFFAIRSArticle
2018-10-15Sarah EvansDirector of FDA ScienceArticle

Turning Point Brands Acquisitions

DateCompany NameAmountNotesReference
2016-11-18Smoke Free Technologies Inc. d/b/a VaporBeastArticle
2018-09-07International Vapor GroupArticle