Deal Details

Mr Greens Is Acquired by Sterling Investment Partners

Industrial
Consumer

Mr Greens, a portfolio company of Shoreline, acquisition by Sterling Investment Partners

Summary

Mr Greens (the “Company”), a portfolio company of Shoreline Equity Partners (“Shoreline”), was recently acquired by Sterling Investment Partners (“Sterling”). Terms of the transaction were not disclosed.

Baird served as lead financial advisor to Mr Greens on this transaction.

About

Founded in 2011, Mr Greens is a leading distributor of fresh produce, dairy, dry goods and specialty items to specialty restaurants, hotels, resorts and country clubs. With a chef-driven solutions model focused on exceptional service and leading product availability, the Company has established itself as a market disruptor as one of the fastest growing specialty food distributors. Mr Greens serves more than 3,500 customer locations across Florida and Texas and is headquartered in Miami, Florida.

Shoreline is a middle market private equity firm focused on actively partnering with leading management teams primarily within the specialized manufacturing, value-added distribution and business and facility services sectors. Shoreline follows a total stakeholder model, meaning success should be a “win-win” proposition for shareholders, employees, customers, channel partners and the communities within which its portfolio companies operate. Shoreline is headquartered in Jacksonville, Florida.

Sterling Investment Partners is a private equity firm that has been investing in and building middle-market companies for over 30 years with a highly-experienced, cohesive team of senior investment professionals. Sterling focuses on value-added distribution and business services, acquiring businesses that the firm believes have strong, sustainable competitive advantages and significant opportunities for value creation. Over its history, Sterling has completed over 220 transactions, representing approximately $27 billion in aggregate value. Sterling is headquartered in Westport, Connecticut.

Industrial
Consumer

Mr Greens, a portfolio company of Shoreline, acquisition by Sterling Investment Partners