The Bama Companies, Inc.
How we got $293.4M
Based on its 500 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 99 years (since 1927)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Bama Companies is a food manufacturer that creates custom products for brands in the restaurant world, with a focus on quality products delivered to its clients. It describes itself as a partner rather than just a vendor.
From the company's website. Industry: Frozen Specialty Food Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MAZZIO'S LLC · Tulsa, 5 mi · $80.0M
- REW III LLC · Tulsa, 7 mi · $70.4M
- HIDEAWAY- 2 INC · Tulsa, 2 mi · $63.9M
- SJK, LLC · Broken Arrow, 11 mi · $48.1M
- WICHITA SDI, LLC · Prague, 62 mi · $46.7M
Estimated value over time
▲ 35% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 69% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 500 | $193.1M |
| 2020 | Form 5500 | 823 | $317.9M |
| 2021 | Form 5500 | 910 | $351.5M |
| 2022 | Form 5500 | 942 | $363.9M |
| 2023 | Form 5500 | 965 | $372.8M |
| 2024 | Form 5500 | 843 | $325.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THE BAMA COMPANIES, INC. this business | $507.6M | — |
| POLLOS ASADOS AL ESTILO MTY LLC Tulsa · 3 employees | $2.2M | 0.4 mi |
| RENAISSANCE BREWING COMPANY LLC Tulsa · 9 employees | $3.0M | 0.5 mi |
| FELIZSTA LLC Tulsa · 5 employees | $573K | 0.5 mi |
| Good Cause Brewing Tulsa | $3.5M | 0.6 mi |
| Roth Manufacturing Co. Tulsa | $3.0M | 0.7 mi |
| E. Bendel Jewelry & Appraisals Tulsa | $3.0M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 500 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $308.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $641.9M |
| Estimate: the two combined (geometric mean) | $507.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $34.5M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $293.4M |
| Multiple for this size and industry | 8.5× |
| Value range | $154.4M – $401.4M |
| Revenue range | $333.9M – $578.7M |
| EBITDA range | $22.7M – $39.4M |
| Industry (NAICS) | Frozen Specialty Food Manufacturing (311412) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“From our humble beginnings in Dallas, Texas in 1927, we developed, manufactured, and sold the first handheld pie in 1967.”
Leadership
- TBTenille BrownGeneral Manager · Company website · source
- RMRocky MooreChief Financial Officer · Company website · source
- JCJacob ChapmanVice President – Business Development · Company website · source
- MMarlena Łubieszko-SiewrukGenral Manager – Europa · Company website · source
Advisors
- AccountingHogantaylor LLPAudits its 401(k) plan (2024 filing)
- BankingJPMorgan Chase Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $10.0M | 500 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Bama Companies, Inc.
The Bama Companies, Inc. is a family-owned frozen specialty food manufacturing company in Tulsa, Oklahoma, in business since 1927. It is owned by Paula Marshall (CEO). Its estimated annual revenue is about $507.6M, with roughly $34.5M of EBITDA. It has about 843 employees. Its estimated business value is $293.4M (likely range $154.4M–$401.4M).
Common questions
- Who owns The Bama Companies, Inc.?
- The Bama Companies, Inc. is owned by Paula Marshall (CEO), according to public sources such as the company's website or filings.
- How much revenue does The Bama Companies, Inc. make?
- SeeBITDA estimates The Bama Companies, Inc.'s annual revenue at about $507.6M (likely between $333.9M and $578.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Bama Companies, Inc. worth?
- About $293.4M, roughly 8.5× its estimated EBITDA of $34.5M, typical for a frozen specialty food manufacturing company its size. Likely range: $154.4M–$401.4M.
- How many employees does The Bama Companies, Inc. have?
- About 843, from its 2024 retirement-plan filing.
- When was The Bama Companies, Inc. founded?
- The Bama Companies, Inc. has been in business since 1927.
- Is The Bama Companies, Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 99 years (since 1927); no family successor named on its website.