Diversified Foodservice Supply, Inc. Acquires Restaurant Parts & More (RPM)

DENVER--()--Diversified Foodservice Supply, Inc. (DFSI), the parent company of leading brands in the foodservice parts, supplies, equipment, and accessories distribution industry, has acquired Restaurant Parts & More, LLC (RPM), one of the industry’s most well-known and respected companies. The addition of RPM to the DFSI portfolio adds scale to the organization and improves the customer offering for chain restaurants and their associated franchisees. RPM will continue to operate as a leading brand in the combined company and joins other DFSI brands AllPoints Foodservice Parts and Supplies, Franklin Machine Products, Tundra Restaurant Supply, and Mill Hardware as major brands owned by DFSI.

DFSI is a portfolio company of KRG Capital Partners Fund IV (KRG) that was acquired in November of 2010. The acquisition of RPM represents the 200th investment for KRG since inception.

About Diversified Foodservice Supply, Inc.: DFSI is the parent company of multiple brands focused on the distribution of foodservice parts, supplies, equipment, and accessories. The company services many markets including restaurant equipment and supplies dealers, service agencies, restaurants, and institutions. DFSI is headquartered in Mt. Prospect, Illinois and manages operations in five distribution facilities and brand headquarters located across the United States. The combination of its geographic footprint, coupled with an expansive item profile of over 100,000 SKUs, enables DFSI to expedite delivery of products quickly to its valued customers. More information on DFSI is available at www.allpointsfps.com.

About KRG: Founded in 1996, KRG is a Denver-based private equity firm with $4.3 billion of capital either deployed or available for future investment, which includes approximately $1 billion deployed since inception on behalf of equity co-investors. KRG specializes in acquiring majority interests in middle-market companies and growing them into significantly larger enterprises through the combination of internal growth and selective strategic add-on acquisitions. KRG Capital seeks investment opportunities where we can partner with existing management teams that are committed to building best-in-class industry leading companies. Since inception, KRG has invested in 46 platform companies and has completed 154 add-on acquisitions for those platforms. More information on KRG is available at www.krgcapital.com.

Contacts

KRG Capital Partners
Ted Nark, 303-390-5001
Managing Director
or
Bennett Thompson, 303-390-5001
Principal

Release Summary

DIVERSIFIED FOODSERVICE SUPPLY, INC. ACQUIRES RESTAURANT PARTS & MORE (RPM)

Contacts

KRG Capital Partners
Ted Nark, 303-390-5001
Managing Director
or
Bennett Thompson, 303-390-5001
Principal