QUICK LINKS: Videos  |  Micromarkets |

Redemption Report

|

Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Date Book

Search:      

Bookmark this site




Issue Date: Vol. 51, No. 12, December 2011, Posted On: 11/14/2011


Private-Equity Firm Completes Next Generation Purchase


Emily Jed
Emily@vendingtimes.net
vending, vending machine, vending machine business, Next Generation Vending and Food Service Inc., H.I.G. Capital LLC, David Mac Isaac

STOUGHTON, MA -- H.I.G. Capital, a Miami-based private-equity firm, has completed its acquisition of Next Generation Vending and Food Service Inc., one of the nation's largest regional vending company.

Next Generation, headquartered in Stougton, MA, with branches throughout the Northeast, will continue to be led by chief executive officer David Mac Isaac and chief operating officer Joe Rogan. The company's management will continue to retain a "sizeable" equity stake in the business.

H.I.G. and Next Generation announced plans of the acquisition in August. | SEE STORY


Topic: Vending Features

Articles:
  • Byte Foods Inc. Plans To License Smart Fridge To Vending Operators Nationwide
  • UVend Group Names Cloverdale Group Canadian East Coast Distributor
  • Konop Celebrates 70 Years Of Innovation, Pays Homage To Its Bulk Vending Origin
  • Planters Invites Fans To 'Shout For Nuts' In New Vending Machine Campaign
  • Cook County Revenue Dept. Grants Vending Operators Flexibility For Remitting Sweetened Beverage Tax

Copyright © 2017 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570