Worldwide Produce

a portfolio company of

Image

has acquired

Image

ABOUT THE COMPANY:

Worldwide Produce (“Worldwide”) is a leading distributor of high-quality fresh fruits, vegetables, dairy products, and specialty foods to local restaurants, national chains, hotels, country clubs, entertainment venues, and catering companies in the Southern California region. Operating from state-of-the-art climate-controlled facilities in Los Angeles, California and Las Vegas, Nevada, Worldwide stocks thousands of items needed to efficiently operate a foodservice business. Worldwide also carries hard-to-find specialty items, paper goods, and cleaning supplies.

SITUATION:

Long-term industry leader, Worldwide, joined forces with financial partner, Sole Source Capital (“Sole Source”) in 2019. Since being founded in 1989, Worldwide established its reputation as a premium produce provider to the Foodservice industry and experienced strong organic growth. Following its partnership with Sole Source, Worldwide’s management team were looking to further enhance their growth through a targeted M&A strategy to deepen their service and product offerings, acquire new customers, and expand geographically into new markets.

ENGAGEMENT:

G2 Capital Advisors, LLC (“G2”) served as the exclusive financial advisor to Worldwide leading a bespoke buy-side effort focused on identifying and engaging with companies that have a strong market presence and operations within the produce distribution markets.

OUTCOME:

G2’s mandate with Worldwide led to the acquisition of Vision Produce Company (“Vision”) which added an enhanced geographic presence, additional sales channels, deep grower relationships, and a strong talent pool. Together, Worldwide and Vision will leverage a larger geographic footprint, impressive food safety records, and expertise to deliver the highest quality of goods to their customer base.

DEAL TEAM:

SUB-SECTOR

Food & Beverage

MORE LIKE THIS

Exclusive Buy-Side Advisor

Image

a portfolio company of Comvest Partners has acquired Keystone Electrical Manufacturing

Exclusive Buy-Side Advisor

Image

a portfolio company of Sole Source Capital has acquired Vision Produce Company

Exclusive Buy-Side Advisor

Image

a portfolio company of A&M Capital has acquired Rieser Auto Body

Exclusive Buy-Side Advisor

Image

a portfolio company of A&M Capital has acquired Auto Body Collision and Glass  

Exclusive Buy-Side Advisor

Image

a portfolio company of Granite Bridge Partners has acquired Modern Biomedical & Imaging Inc.  

Exclusive Buy-Side Advisor

Image

a portfolio company of Atlantic Street Capital has acquired Strategic Aviation Holdings Ltd.  

Exclusive Buy-Side Advisor

Image

has acquire Quiet Logistics  

Exclusive Buy-Side Advisor

Image

a portfolio company of The Kraft Group has acquired Specialty Finance & Consulting Corporation  

Exclusive Buy-Side Advisor

Image

has acquired TAGG Logistics  

Exclusive Buy-Side Advisor

Image

has acquired TTS Logistics

Connect With Us.

Image
Homepage Contact
Services of Interest