Kelso completed the acquisition of a majority stake in Individual FoodService.

Kelso, a private equity investment firm, completed the acquisition of a majority stake in Individual FoodService, a distributor of foodservice disposables and janitorial and sanitation services. Financial terms were not disclosed. "We are excited to partner with Jeremy and his team in the continued evolution of IFS. The company has built an impressive brand in the marketplace that is extremely well-positioned for the future. We look forward to partnering with management to accelerate their acquisition strategy and growth initiatives," Sandy Osborne, Kelso Managing Director.