Announced
Financials
Tags
food wholesale and distribution
Food Retailers and Wholesalers
Private Equity
Acquisition
Friendly
United States
Pending
Private
Single Bidder
Synopsis
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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