Announced
Synopsis
GenNx360 Capital Partners, a New York City-based private equity firm investing in middle market business-to-business industrial and business services companies, agreed to invest Whitsons Culinary Group, a provider of dining services. Financial terms were not disclosed. "We are excited to partner with GenNx360, whose deep operational expertise and track record of building platforms will be a tremendous asset to us as we drive our next phase of rapid growth. GenNx360's investment in Whitsons will enable us to focus on driving our mission of Enhancing Life One Meal at a Time™. We will continue to build our team and our services and expand our reach to serve more communities wholesome and delicious meals. There will be no changes to our day-to-day management and operations, and the Whitcomb family will remain actively involved in the business," Paul Whitcomb, Whitsons CEO.
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