STRATEGIC PARTNERS
TROY, MI -- Continental , a leading Michigan vending and food management company, said it has acquired United Vending & Market Services, located in Ferndale, MI. The entire United Vending leadership team and staff will join the Continental team. Financial terms of the transaction were not disclosed. This is the fourth add-on acquisition completed by Continental in the past year, and its largest acquisition to date, as Continental continues to pursue its growth and expansion objectives. ...
November 8, 2018
TROY, MI -- Continental, a leading Michigan vending and food management company, said it has acquired United Vending & Market Services, located in Ferndale, MI. The entire United Vending leadership team and staff will join the Continental team. Financial terms of the transaction were not disclosed.
This is the fourth add-on acquisition completed by Continental in the past year, and its largest acquisition to date, as Continental continues to pursue its growth and expansion objectives.
Continental is also making other strategic investments to enrich the customer experience across its portfolio of services. Continental is a portfolio company of New Heritage Capital, a Boston-based private-equity firm that partners with growing, middle market, founder-owned businesses.
"United Vending brings Continental a wonderful cross section of accounts, and a large and loyal client base," said Steve LaPorte, president of Continental's refreshment services group. "We are delighted to have its well-seasoned, customer-focused staff join our refreshment services operations. The success of these deals has substantiated and helped the company work toward its goal of expanding its market presence in southeast Michigan."
Continental provides custom dining, refreshment and event services for more than 700 small and medium-sized businesses, blue-chip corporations, colleges, universities, business and industrial sites and hospitals and medical centers.
The company's services range from onsite corporate cafés, micromarkets and vending, to off-premise catering and event services.
