Greenleaf Produce has been sold to The Chefs’ Warehouse (NasdaqGS:CHEF)
Greenleaf Produce is a leading purveyor and distributor of produce, dairy, protein and other specialty items to foodservice operators in the San Francisco Bay Area and surrounding region. Headquartered in Brisbane, California, with a nearly 50-year track record of differentiated product quality, service and dependability, the company has established itself as the partner of choice to quality-focused restaurants, corporate cafes, hotels and country clubs. For more information, please visit www.greenleafsf.com.
Having achieved multiple decades of uninterrupted growth, the shareholders of Greenleaf engaged Lincoln International to find a partner that could support the company with its next phase of growth. Lincoln crafted a tailored process, including both strategic and financial investors. Greenleaf ultimately chose to partner with The Chefs’ Warehouse, which will enable the company to continue gaining share in existing markets as well as penetrate adjacent West Coast geographies on account of The Chefs’ Warehouse’s operational expertise and deep bench of resources. Frank Ballentine, Chief Executive Officer of Greenleaf, said, “Lincoln did a good job positioning Greenleaf to the marketplace and specifically, to The Chefs’ Warehouse. We are pleased with this outcome and look forward to our future with The Chefs’ Warehouse.”
Jeff Cleveland, Managing Director in Lincoln’s Consumer Group, commented, “We congratulate The Chefs’ Warehouse team on their successful acquisition of Greenleaf. Greenleaf’s sterling reputation for delivering the highest quality produce and specialty items with a best-in-class service model aligns perfectly with The Chefs’ Warehouse’s “Chefs Come First” strategy and enhances its market share in a key region. We are excited to see Greenleaf’s continued growth as part of the Chefs’ family—both in the Bay Area as well as adjacent West Coast markets.”
The Chefs’ Warehouse
The Chefs’ Warehouse, Inc. (NasdaqGS:CHEF) combines exceptional quality and brand building with broadline foodservice distribution for more than 35 years. With Protein, Specialty, Produce and Broadline offerings, the company services the most discerning chefs in a hybrid approach of convenience and superior quality. The Chefs’ Warehouse introduces more than 2,000 artisan producers of the world’s finest ingredients from over 40 countries to the finest chefs in the world. The company passionately consults, sells and builds relationships with more than 35,000 customers through the most experienced network of over 600 consultive sales associates, best-in-breed technology, rapid service and support levels that solidify its long-standing ties to both established and up-and-coming premium restaurants. For more information, please visit www.chefswarehouse.com.
We hired Lincoln based on their knowledge in produce and specialty distribution as well as their relationships with key industry players and buyers. Lincoln’s hands-on approach from start to finish allowed us to focus on running and growing our business.
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