Sole Source Capital to acquire a majority stake in Worldwide Produce.

Sole Source Capital, an industrial-focused private equity firm is set to acquire a majority stake in Worldwide Produce, a distributor of fresh produce, dairy, and specialty foods. Financial terms were not disclosed. SSC plans to use WWP as a platform to acquire other regional foodservice distribution companies and will leverage the Company's exemplary reputation and deep industry relationships to help execute its M&A strategy. "We are impressed with WWP's strong track record, which includes sustained revenue growth through the Great Recession, and look forward to leveraging the Company as a platform for consolidation in the space." David Fredston, Sole Source Managing Partner.