QUICK LINKS: Vending Videos  | Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators 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:
  • Vistar New England Shines Spotlight On 'Good To Go' Products And PayRange Kickoff
  • U-Vend Becomes Exclusive Fastcorp Vending Distributor In Canada
  • New York's Vending Association Plans Leadership Succession, Next Legislative Push
  • PepsiCo To Phase Out HFC In Vending Machines, Coolers And Fountains By 2020
  • Startup Targets Travelers With Mobile Accessories In Vending Machines

Copyright © 2014 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