Founded in 1951, The Restaurant Source designs, sells and installs food service supplies and equipment to customers in Colorado's Front Range. The Restaurant Source's website, one of the most comprehensive food service supply and equipment resource on line, was launched to give customers the ability to shop at their own time and pace. "As a family-owned business we had many different people involved with many different selling objectives," said Arnie Schatz, CEO of The Restaurant Source. "The Forbes M+A Group took the time to get to know us. Through this knowledge of our company, they were able to find the right buyer to meet everyone's goals. We are very appreciative of all they did for us."
The Forbes M+A Group specializes in providing senior-level advice to lower and middle market businesses. "The Restaurant Source has a strong foothold in a strategic market and extensive industry expertise," said Bill Nack, Managing Director at The Forbes M+A Group. "Although family-owned business transactions can be complicated, the relationship we had with the decision makers at The Restaurant Source allowed us to help them successfully navigate the intricate selling process and achieve an outcome that met their monetary and cultural-fit goals. We wish both parties all the best going forward."
Details on the acquirer and transaction can be found at BE in the Kitchen.
About The Forbes M+A Group
The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves buyers or sellers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 150 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.
Media Contact: Lisa Holmes +1 (303) 770-6017, lisa@ForbesMA.com
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SOURCE The Forbes M+A Group