Daily News: March 9, 2017

Deloitte Advises Continental Café in Sale to New Heritage Capital


Deloitte Corporate Finance acted as the exclusive financial advisor to Continental Café on its recapitalization with New Heritage Capital, a Boston, MA-based private equity investment firm. The transaction closed January 27, 2017.

“Deloitte Corporate Finance did an excellent job managing the process for us, and in finding the right partner for the next phase of the business,” said Jim Bardy, CEO of Continental Café. “Their understanding of the food service industry and strong industry relationships were key to a successful outcome.”

“Working with Continental has been a rewarding experience as we continue to expand our food service practice,” said Matt Preece, managing director, Deloitte Corporate Finance.

See related news story:
Barrings Provides Debt Package