GS Foods Group, a collection of specialised food distribution companies owned by affiliates of Highview Capital and A&M Capital Partners has acquired Hayes Distributing.
Since 1988, Hayes has provided Northern California with foods and beverages; it is a distributor to schools and vending companies in the San Francisco Bay Area.
GS Foods’ is a school nutrition provider catering to more than 3,500 US K12 schools.
Sean Leer, chief executive of GS Foods, said: “Integrating Hayes Distributing – a company that shares our core values and commitment to school nutrition – is an important step in GS Foods’ continued effort to establish a national nutrition supply system amid a highly-fragmented, yet absolutely critical industry. Now more than ever, we see the value in creating a coordinated food distribution system to meet the needs of customers across the country. Combining with like-minded, well-established companies that allow us to extend our expertise, expand our footprint and further benefit new communities is a key part of meeting this goal.”
Jamie Edman, owner of Hayes Distributing, added: “Operating for over three decades, Hayes Distributing has local experience and credibility few companies can match. That is why it was so important that we combined with a partner who shares our commitment to school nutrition and top-notch customer service. We are proud to integrate with GS Foods, who I know will carry these values forward to continue serving our community.”
Hayes will continue to operate from its current facilities until it transitions to GS Foods’ facility in Dixon, California.
Steve Russell, managing director and senior portfolio manager of Highview, said: “GS Foods continues to demonstrate its unmatched distribution capabilities while ensuring customer service and product quality are always the number one priority. Local partnerships with companies like Hayes allow GS Foods to grow and expand its operations – and bring its expertise to new markets – all while working to establish a much-needed national nutrition supply system.”
Date published: 12 January 2021