Compass Group to acquire a 70% stake in Applejack Hospitality.

Compass Group, a provider of contract food and support services nationwide, from the most remote areas to fine dining in the CBD, agreed to acquire a 70% stake in Applejack Hospitality, a consultant firm. Financial terms were not disclosed. “We are delighted that Compass Group approached us with this opportunity. Our shared values and mutual commitment to a people-first approach make this partnership a natural fit. Compass Group’s vision aligns perfectly with our business philosophy and passion for the industry,” Ben Carroll and Hamish Watts, Applejack Co-Founders.