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New Deal


Announced

Completed

Sole Source Capital-backed Worldwide Produce completed the acquisition of Left Coast Food.

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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Completed

Majority

Private

United States

Friendly

Restaurants and Bars

foodservice

Single Bidder

Domestic

Private Equity

Acquisition

Synopsis

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Sole Source Capita-backed Worldwide Produce, a fresh produce and dairy distributor, completed the acquisition of Left Coast Food, a foodservice distributor of frozen goods, dry goods and produce. Financial terms were not disclosed. “Left Coast has made a strong impression on its customer base in the region surrounding San Diego, a highly attractive area in which we have operated for years. We are excited to further expands Worldwide’s presence there. Worldwide’s operational and product sourcing expertise, combined with Left Coast’s dedicated focus to the San Diego region, will allow both companies to continue to provide the highest level of product and service to our customers,” Todd Ferguson, Worldwide Produce CEO.

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