By Keiter CPAs
Keiter Advisors provided an overview of their latest transaction with Florida Food Service and Ben E. Keith that happened in February 2022.
“KA Advises Florida Food Service” Excerpt:
Keiter Advisors worked closely with the Islam family at Florida Food Service, Inc. to guide them through the sale process. Florida Food Service is a broadline distributor focusing on serving independent restaurants in northern and central Florida. The company was acquired by Ben E. Keith in early February. The acquisition provides Ben E. Keith with additional access to the state of Florida, building on their success with the acquisition of Kelley Foods in 2016. KA served as the financial advisor to Florida Food Service in this transaction.
Keiter Advisors is a full-service transaction advisory group serving companies in middle market M&A transactions and financing. KA is recognized as the national leader in assisting owners to:
- Buy or sell companies in a variety of industries including Business Services, Foodservice Distribution, Healthcare, Industrials, Technology, and Veterinary Practices.
- Plan and execute transition strategies, including family buy out initiatives and third party sale
- Examine the profitability of their business and develop viable improvement programs
- Renegotiate existing financing arrangements and secure new lenders
About the Author
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.