|
"It is exciting to build another company in the industry
I have served for over 40 years. McColl Partners has
been an invaluable partner in helping TrustHouse
identify and close our first two acquisitions."
Michael J. Bailey
Chairman and CEO
TrustHouse Services Group, Inc. |
"Upon completion of these two acquisitions,
TrustHouse has become a top 20 participant
in the $130 billion contract foodservice
market in the United States."
David C. Vorhoff
Managing Director
McColl Partners, LLC |
Deal Summary
McColl Partners, LLC served as financial advisor to TrustHouse Services Group, Inc. ("TrustHouse") in its acquisition of Aladdin Food Management Services, LLC along with its wholly owned subsidiary, AmeriServe Food Service Management ("Aladdin") and Fitz, Vogt & Associates ("Fitz Vogt"). Michael J. Bailey and Gryphon Investors have partnered to establish TrustHouse as a platform for establishing America's leading contract foodservice provider. TrustHouse will be based in Charlotte and its major focus will be to serve clients in the healthcare and education markets. The McColl Partners team was comprised of David Vorhoff, Jamie Lewin, and Chip Johnson.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of the owners and management of middle-market companies. With significant experience working with entrepreneurs, family owned businesses, private equity groups, public companies, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
In addition to closing the Aladdin and Fitz Vogt foodservice transactions, David Vorhoff had previously worked with Michael J. Bailey and Compass Group PLC in their foodservice acquisitions of DAKA International and the Canteen Division of Flagstar Companies. To learn more about our experience in the foodservice industry, please contact David Vorhoff at (704) 333-0525. For more information about McColl Partners' Business Services expertise, please contact Phil Colaco or visit http://www.mccollpartners.com/.
About Michael J. Bailey
Mr. Michael J. Bailey has over 40 years of experience in the foodservice industry since beginning his career in the United Kingdom with Gardner Merchant Groupe. Mr. Bailey joined Compass Group PLC to help initiate and lead the company's entry into the United States market through the acquisition of Canteen Corp. Under his leadership team, Compass Group PLC became the leading foodservice contractor in the United States. In 1999, Mr. Bailey became global CEO of Compass Group PLC and served in that position until his retirement in 2006. By then, Compass Group PLC had grown to over $20 billion in revenue with operations in 90 countries and over 400,000 employees.
About Gryphon Investors
Based in San Francisco, California, Gryphon Investors has over $900 million of capital under management and has executed over 50 middle market equity transactions, primarily in the business services and consumer retail industries, since its founding in 1995. Gryphon Investors focuses on making $25 million to $75 million of equity or equity-linked investments in the middle market.
About Aladdin Food Management Services, LLC
Aladdin, based in Wheeling, WV, is a contract food service provider founded over 30 years ago that specializes in the higher education, private schools, K-12 and nursing home / non–acute healthcare markets. Aladdin provides onsite foodservices to over 120 client facilities in 20 states primarily in the Mid-Atlantic, Midwest and Southeast states.
About Fitz, Vogt & Associates
Headquartered in Walpole, NH, Fitz Vogt is a leading regional provider of customized food management services in the Northeast. The company was founded in 1977 and the firm currently operates over 135 client accounts primarily in the New England states of Maine, Vermont, New Hampshire, Massachusetts, Rhode Island and Connecticut with a growing presence in New York, Pennsylvania and Maryland.
|
