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New Deal


Announced

Completed

Sysco completed the acquisition of Edward Don & Company from Vestar Capital Partners.

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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Domestic

Friendly

Single Bidder

Specialty Retailers

food service equipment

United States

Private

Acquisition

Majority

Private Equity

Completed

Synopsis

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Sysco, a food and kitchen products marketer and distributor, completed the acquisition of Edward Don & Company, a foodservice equipment and supplies firm, from Vestar Capital Partners, a private equity. Financial terms were not disclosed. "It's been a privilege to support Steve Don and DON management to help them achieve their growth objectives. When we originally invested in the business, we believed we were backing one of the strongest management teams and one of the highest-quality platforms in the foodservice equipment & supplies distribution space. That thesis has proven out many times over the years, and this successful outcome is yet another proof point," Rob Rosner, Vestar Founding Partner.

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