M&A Deal Summary

Sodexo Acquires Five Star Food Services

On February 5, 2024, Sodexo acquired food company Five Star Food Services

Acquisition Highlights
  • This is Sodexo’s 4th transaction in the Food sector.
  • This is Sodexo’s 9th transaction in the United States.
  • This is Sodexo’s 3rd transaction in Texas.

M&A Deal Summary

Date 2024-02-05
Target Five Star Food Services
Sector Food
Buyer(s) Sodexo
Deal Type Add-on Acquisition

Target

Five Star Food Services

Stafford, Texas, United States
Five Star Food Services is a family-owned-and-operated food services company specializing in freshly prepared food products at reasonable prices with unbeatable delivery time and technical service. Five Star Food Services was founded in 1979 and is based in Stafford, Texas.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sodexo

Issy-les-Moulineaux, France

Category Company
Founded 1966
Sector Internet Software and Services
Employees315,147
Revenue 22.6B EUR (2023)
DESCRIPTION

Sodexo engages in the design, management, and delivery of service solutions through on-site service solutions and motivation solutions. Sodexo was founded in 1966 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 20 of 21
Sector (Food) 4 of 4
Type (Add-on Acquisition) 18 of 19
State (Texas) 3 of 3
Country (United States) 9 of 10
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-29 Worldwide Home Care

Marseille, France

Worldwide Home Care operates in 8 countries: the US through Comfort Keepers; the United Kingdom through Prestige Home care, The Good Care Group, and Oxford Aunts; Ireland through Comfort Keepers; France through Amelis; Brazil through Pronep, and multiple brands in the Nordics.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 CRH Catering

Dunbar, Pennsylvania, United States

CRH Catering is a full-line industrial catering and food service company offering cashless vending, dynamic scheduling, and a cloud-based inventory management system which allows us to track sales, current inventories, cash accountability, and machine malfunction in one click of a mouse. CRH Catering was founded in 1967 and is based in Dunbar, Pennsylvania.

Buy -