Riveter Capital acquires food service provider Twelve Oaks Catering

TAGS

American private equity firm Riveter Capital has acquired food service provider , which provides meals to children in Dallas, Texas.

The financial terms of the deal were not disclosed.

Twelve Oaks Catering Company marks the second acquisition by Riveter Capital in Texas and extends the geographic reach of the later into Dallas as well as Houston.

Nearly two years ago, Riveter Capital acquired The (HLB), a food service management company and licensed caterer approved by the State of Texas, which has been serving food to daycare centers throughout Houston for more than 27 years.

See also  Western Alliance to acquire AmeriHome Mortgage for $1bn

As with Healthy Lunch Box, Twelve Oaks Catering Company provides cafeteria-style and packaged meals to charter schools, daycares, private institutions along with Head Start programs.

— Riveter Capital Partner said: “We are thrilled to add Twelve Oaks to our platform. This acquisition allows us to continue our strategic expansion within Texas while focusing on our mission of providing high quality, homemade healthy school meals to kids.

“We are excited to honor the legacy of the company and continue to drive growth at Twelve Oaks in collaboration with HLB.”

See also  Gordon Ramsay Burger opens at Flamingo Las Vegas, adding bold flavours to the Strip

Riveter Capital said that Twelve Oaks Catering Company has an impressive history of successfully operating as part of the National School Lunch Program, Seamless Summer Option, School Breakfast Program, Afterschool Care Program, and Child and Adult Care Food Program.

Twelve Oaks Catering Company is said to concentrate on the importance of using traditional, simple cooking techniques to create healthy menu items by hand. It is a commodity processor approved by the United States Department of Agriculture (USDA).

See also  McDonald's faces stock turmoil as E. coli outbreak spreads—should investors worry?

— Twelve Oaks Catering President said: “The Twelve Oaks team is excited to partner with Riveter Capital and HLB for the next phase of the company’s growth.

“We look forward to leveraging Riveter’s resources and deep experience in the industry to further grow the overall platform.”


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This