Kelso-backed BradyIFS completed the merger with FEMSA-backed Envoy Solutions in a $1.7bn deal.

Kelso-backed BradyIFS, a foodservice disposables ditributor, completed the merger with FEMSA-backed Envoy Solutions, a JanSan, foodservice, packaging, and marketing services provider, in a $1.7bn deal. "This transformational partnership will enable us to expand our market reach and further improve our collective capabilities. Envoy Solutions is an impressive business that is highly complementary to BradyIFS. As important, it has great leadership. Mark Fisher and his team are first-class, and we are fortunate to partner with their incredible team of associates. Our two companies are like-minded as we share similar values, culture, and a passion for delivering the best to our customers," Kenneth D. Sweder, BradyIFS Chairman and CEO.