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New Deal


Announced

Completed

Quirch Foods completed the acquisition of Butts Foods.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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protein distribution

United States

Food Distributor

Third Party Logistics (3PL)

Private

Single Bidder

Acquisition

Majority

Completed

Friendly

Private Equity

Synopsis

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Palladium Equity-backed Quirch Foods, a food distribution company, completed the acquisition of Butts Foods, a fresh protein distributor. Financial terms were not disclosed. “Butts Foods has been providing quality service to their customers for decades and it was a natural fit to our distribution footprint. Quirch Foods and Butts Foods will continue to focus on delivering exceptional service and support to our independent and national grocery customers with quality products including our company owned brands. We are excited to welcome the Butts Foods team to the Quirch Foods Family,” Frank Grande, Quirch Foods President.

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