M&A Deal Summary

FoodPrep Solutions Acquires Acute Grinding

On July 27, 2021, FoodPrep Solutions acquired business services company Acute Grinding

Acquisition Highlights
  • This is FoodPrep Solutions’ 4th transaction in the Business Services sector.
  • This is FoodPrep Solutions’ 4th transaction in the United States.
  • This is FoodPrep Solutions’ 2nd transaction in Maine.

M&A Deal Summary
Date 2021-07-27
Target Acute Grinding
Sector Business Services
Buyer(s) FoodPrep Solutions
Deal Type Add-on Acquisition

Target

Acute Grinding

Maine, United States
Acute Grinding is a larger cutlery exchange operating in the northern Maine area.

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Buyer(S) 1

Buyer

FoodPrep Solutions

Stamford, Connecticut, United States
Category Company
Founded 2020
Sector Machinery
DESCRIPTION

FoodPrep Solutions provides outsourced cutlery exchange services as well as foodservice equipment sales & services to a diverse set of end-markets that includes restaurants, supermarkets, delis, caterers, hotels, schools, healthcare facilities, and food processors all through a route-based distribution model. FoodPrep Solutions was founded in 2020 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 4 of 4
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Maine) 2 of 2
Country (United States) 4 of 4
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 Mamaroneck Grinding

Westchester, New York, United States

Mamaroneck Grinding is a small tuck-in cutlery exchange business. Mamaroneck Grinding is based in Westchester, New York.

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