BE 100s: Winning Lessons from Top Companies of the Year

1988 – COY TLC Beatrice

It wasn't difficult for our editors to name TLC Beatrice International as the 1988 Company of the Year. Due to the late dealmaker extraordinaire Reginald Lewis' historic $985 million leveraged buyout of Beatrice International Foods, the largest offshore transaction at the time, the global conglomerate became the first black-owned enterprise to surpass the billion-dollar mark, grossing $1.8 billion in revenues in 1987. TLC would hold the No. 1 position on the BE Industrial/Service List for a decade - five years after Lewis' untimely death in 1993- and continue to serve as source of inspiration to entrepreneurs.

It wasn’t difficult for our editors to name TLC Beatrice International as the 1988 Company…