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Announced

GS Foods Group to acquire Hayes Distributing.

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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Private

Private Equity

Majority

Friendly

United States

Domestic

Acquisition

Pending

healthy snacks

Food Products

Synopsis

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GS Foods Group, a family of specialized food distribution companies owned by Highview Capital and A&M Capital Partners, agreed to acquire Hayes Distributing, a provider of a wide range of products to schools and vending companies. Financial terms were not disclosed. “Operating for over three decades, Hayes Distributing has local experience and credibility few companies can match. That is why it was so important that we combined with a partner who shares our commitment to school nutrition and top-notch customer service. We are proud to integrate with GS Foods today, who I know will carry these values forward to continue serving our community,” Jamie Edman, Hayes Distributing Owner.

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