Vending

Capital Provisions acquires Luxury Vending

Image courtesy of Capital Provisions.

February 26, 2021

Capital Provisions has acquired Luxury Vending, which operates nearly 250 vending machines, for an undisclosed sum, marking its fourth acquisition in San Diego County, California, according to a press release.

"The purchase of Luxury Vending will build upon our existing presence in San Diego County," Woody Kassin, CEO of Capital Provision, said in the release. "Our techniques will include implementing new and updated equipment and product merchandising upgrades, incorporating promotional opportunities, account additions, micro market conversions and much more."

"I am confident that Capital Provisions is well positioned to take Luxury Vending to the next level," said Brandon Broadwell, former owner of Luxury Vending, in the release.