A combination of experience and passion enabled Patrick Vihtelic to sell his meal-kit service, Home Chef, to Kroger in 2018.
Editor’s note: The story of Home Chef’s sale is part of a series on Inc. 5000 companies making a big exit. The other articles in the series describe the exit strategies of two other companies: New Belgium Brewing and Nutanix.
- Meal-Kit Maven: Vihtelic founded Chicago-based meal-kit-delivery service Home Chef in 2013. Five years later, the company claimed the No. 3 spot on the Inc. 5000.
- Banker, Coder, Founder: After four years as an investment banker, Vihtelic went to computer coding school so that he could build the first version of the company’s website himself.
- A Multiyear Earn-Out: Kroger, the largest U.S. supermarket chain, acquired Home Chef