Prospect teamed with management to recapitalize Gold Star Foods, Inc. (“Gold Star”) in October, 2007.
Gold Star is one of the nation’s leading specialty foodservice distributors specializing in a wide array of food and non-food products to public school districts. The Company serves students ages K-12 in California, Arizona and Nevada. Since its inception in 1978, Gold Star has carved out a unique market niche through its focus on childhood nutrition. Gold Star sells more than 6,000 different food and non-food items, including fresh bread and produce, as well as refrigerated, frozen, and dry menu items, and is a full-service provider for many of its customers.
Website: | https://goldstarfoods.com |
Prospect Team: | Erik Maurer, Brad O'Dell |
Transaction Type: | Recapitalization |
Growth Strategy: | Niche Leader |
Investment Date: | October 2007 |
Industry: | Specialty Foodservice Distribution |
Sector: | Value-Add Distributor |
Status: | Realized |