STORIES ABOUT MERGERS AND ACQUISITIONS 1. I MERGED AND LOVED THAT I DID IT 2. I MEGED AND IT WAS MY BIGGEST MISTAKE 3. I WAS ACQUIRED STRATEGICALLY 4. I WAS ACQUIRED BY A PRIVATE INVENTMENT GROUP 5. WHY I WILL NEVER SELL OR MERGE NOW MORE THAN EVER THE PHENOMINEN OF MERGERS AND ACQUISITIONS HAPPENING MORE THAN EVER IS SHOCKING TO THE WORLD No matter what segement of the hospitalityy or food service industry you look at, business owners are being searched out for purchase, merger, or even just a conversation about it. Pre-pandemic the hunt by private invesntment firms existed, but now, more than ever, and aggessively so, privately held companies are being search out and approached with offers unlike ever before. If you are the owner of a service company you have probably received calls, maybe as many as the calls you get about you car warranty is about to expire).
Some don’t take the calls, others take the calls and build a file on preliminary offers as way of finding out the worth of their buisness. Generally business brokers represent the sellers and the next move after pre- liminary discussions happen and rough dollars are discussed, the massive due dilligence process starts, it an agonizing oen, but one that cannot be avoided. I, Ed Daniels, Founder and Publisher of HOSPITALITY NEWS, was one of those who were approached years ago and chose not to merge or be acquired, but as time went on, I was ready, and the deal was right, so when you read the stories, you will come across my story and may- be that will help those who are on then fence, make the transition or not.
Embrace culinary traditions
To read some stories of some, please go to page ??
6 Make your kitchen a melting pot that matches the diversity of the people you serve. Introduce global flavors and celebrate culinary traditions with recipes that feature international flair. Gordon Food Service® delivers quality products and culinary expertise, so you can bring authentic recipes to the table that delight your guests and create flavorful memories.
Powered by FlippingBook