M&A Deal Summary

GS Foods Group Acquires Graves Foods

On July 7, 2022, GS Foods Group acquired food company Graves Foods

Acquisition Highlights
  • This is GS Foods Group’s 2nd transaction in the Food sector.
  • This is GS Foods Group’s 6th transaction in the United States.
  • This is GS Foods Group’s 2nd transaction in Missouri.

M&A Deal Summary
Date 2022-07-07
Target Graves Foods
Sector Food
Buyer(s) GS Foods Group
Deal Type Add-on Acquisition

Target

Graves Foods

Jefferson City, Missouri, United States
Graves Foods is a full-line wholesale food distributor that services Missouri, Oklahoma, Kansas, and Arkansas. Graves Foods has delivered quality products and legendary personal service to all their valued customers, which include restaurants, nursing homes, schools, c-stores, and more. Graves Foods was founded in 1947 and is based in Jefferson City, Missouri.

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Buyer(S) 1

Buyer

GS Foods Group

Carlsbad, California, United States
Category Company
Sector Food
DESCRIPTION

GS Foods Group is a specialized food service distribution company including its independent subsidiaries Gold Star Foods and Good Source Solutions. The company focuses on the education, corrections, non-profit, business & industry, and healthcare industries, and serves more than 10,000 customers nationwide, including the delivery of 6.5 million healthy, high-quality meals to students each day. GS Foods Group is based in Carlsbad, California.

DEAL STATS #
Overall 6 of 8
Sector (Food) 2 of 3
Type (Add-on Acquisition) 6 of 8
State (Missouri) 2 of 2
Country (United States) 6 of 8
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Thurston Foods

Wallingford, Connecticut, United States

Thurston Foods is a family-owned full-service distributor inventorying over 7,500 items to serve diverse segments of the foodservice industry including schools, hospitals, health care facilities, restaurants, and more. The company’s current service areas include Connecticut, Massachusetts, Rhode Island, New York, New Jersey, Maine, Vermont and New Hampshire. Thurston Foods was formed in 1947 and is based in Wallingford, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-15 Lamm Food Service

Lafayette, Louisiana, United States

Lamm Food Service is a full-line food distributor that offers a wide variety of name-brand products from national manufacturers while also proudly supporting local companies that manufacture Louisiana food products. Lamm Food Service is based in Lafayette, Louisiana.

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