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New Deal


Announced

Palm Beach Capital invested in J. Polep.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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food wholesale and distribution

Food Retailers and Wholesalers

Private Equity

Acquisition

Friendly

United States

Pending

Private

Single Bidder

Synopsis

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Private equity firm Palm Beach Capital invested in J. Polep, one of the nation’s largest full-line wholesale distributors to the convenience and grocery store industry. Financial terms were not disclosed. “We are excited about the future growth of J. Polep Distribution Services and our partnership with Palm Beach Capital. Our focus will remain our steadfast dedication to the customers we service and to the products they deliver, with the goal of making sure each of our customers and vendors achieve long-term success. Business will run as usual at J. Polep and this new partnership with Palm Beach Capital will only enhance our capabilities and unparalleled customer service.” Eric Polep, President and Chief Executive Officer.

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