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Article: Goldner Hawn Johnson & Morrison Incorporated Leads Acquisition of Vitality Foodservice, Inc.
- Article from:
- Business Wire
- Article date:
- September 27, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS -- Goldner Hawn Johnson & Morrison Incorporated ("Goldner Hawn") today announced that a newly-formed affiliate of Goldner Hawn together with MVC Capital (NYSE:MVC), Babson Capital Managaement and Lexington Partners have acquired Vitality Foodservice, Inc. ("Vitality" or the "Company") from its shareholders in a private transaction. Dymas Capital and LaSalle Business Credit, LLC. provided debt financing for the transaction.
Commenting on the transaction, Al Oddis, Vitality's Chairman and CEO, stated, "This is a very positive transaction for Vitality. It will allow the company to continue to grow by strengthening the balance sheet with significant ...