M&A Deal Summary

Innovative Foodservice Group Acquires JES Restaurant Equipment

On January 30, 2019, Innovative Foodservice Group acquired retailer JES Restaurant Equipment

Acquisition Highlights
  • This is Innovative Foodservice Group’s 1st transaction in the Retail sector.
  • This is Innovative Foodservice Group’s 4th transaction in the United States.
  • This is Innovative Foodservice Group’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2019-01-30
Target JES Restaurant Equipment
Sector Retail
Buyer(s) Innovative Foodservice Group
Deal Type Add-on Acquisition

Target

JES Restaurant Equipment

Greenwood, South Carolina, United States
website
JES Restaurant Equipment, Inc. sells equipment, supplies, furniture, and small wares to the foodservice industry. JES Restaurant Equipment, Inc. was founded in 2002 and is based in Greenwood, South Carolina.

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Buyer(S) 1

Buyer

Innovative Foodservice Group

Tampa, Florida, United States

website

Category Company
Founded 2017
Sector Distribution
DESCRIPTION

Innovative Foodservice Group is a distributor and offers new and pre-owned commercial restaurant equipment, kitchen supplies, smallwares, furniture and design/project management services. The Company serves a diversified customer base primarily in the restaurant, lodging, education and healthcare industries.

DEAL STATS #
Overall 4 of 5
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (South Carolina) 1 of 1
Country (United States) 4 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-14 Louis Wohl & Sons

Tampa, Florida, United States

Louis Wohl & Sons, Inc. is a provider of an equipment, supplies, and design services to the foodservice industry. Louis Wohl & Sons was founded in 1987 and is based in Tampa, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-19 Foodservice & Restaurant Supply

Asheville, North Carolina, United States

Foodservice & Restaurant Supply is a provider of foodservice equipment and supplies to restaurants and institutions. Foodservice & Restaurant Supply is based in Asheville, North Carolina.

Buy -
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