CREED CATERING SUPPLIES acquired by KITWAVE GROUP

The take-private acquisition of Kitwave Group by One Equity Partners signifies a definitive shift toward industrialized scaling in the UK food and beverage wholesale sector. The strategic logic of this transaction hinges on a "logistical-consolidation" maneuver, merging the target’s extensive regional reach and multi-category product depth with the acquirer’s proven expertise in executing complex buy-and-build cycles. This structural alignment provides the organization with the institutional capital and strategic hardware necessary to aggressively pursue acquisitions in a market defined by high fragmentation

Groupe Bruneau continues its external growth strategy by acquiring OfficeEasy, a specialist in IT and telecom solutions. This acquisition allows Bruneau to significantly diversify its product offering beyond traditional office supplies into high-growth technical categories like videoconferencing and professional telephony. OfficeEasy will not be merged operationally but will join the group as an independent entity to preserve its agility. The deal aims to leverage cross-selling opportunities across Bruneau's vast SME client base while reinforcing its position as a one-stop-shop for the modern workplace

SPAR Group, Inc. agreed to be acquired by Highwire Capital in an all‑cash transaction structured as a take‑private merger, with Highwire relying on committed debt financing to support the transaction and with SPAR Group’s board and stockholders approving the arrangement before a scheduled closing in the fourth quarter of 2024. The strategic rationale centers on SPAR Group’s position as a large‑scale, technology‑enabled merchandising and in‑store execution platform. For Highwire, the asset offers a stable, recurring revenue base linked to retail and consumer brands, alongside opportunities to embed additional technology and analytics capabilities across its field operations

The acquisition of Sidexport represents a significant shift in ownership structure, transitioning from family governance to a pan-European platform, driven by the need for institutional integration to overcome operational constraints and enhance purchasing power. This transaction enables Ital Express to establish a substantial commercial presence in the highly fragmented Italian market, generating €30 million in revenue and positioning the company to achieve a pro forma revenue run-rate of over €100 million by 2025, while expanding into the high-margin vehicle body parts segment

The buyout of Ital Express by Naxicap Partners represents the transition of the commercial vehicle parts platform into its sixth institutional LBO cycle, following a successful five-year holding period by Capza that saw the target successfully double its revenue base to €65 million. This corporate spin-off and recapitalization allow the incoming majority sponsor to acquire a stake of over 50% in the holding company, structured alongside a substantial equity roll-over from the incumbent CEO Patrice Claverie and his executive management team to maintain operational continuity

Integrating Total Foodservice Solutions into the Kitwave Group infrastructure secures a dominant logistical foothold across the North West and Yorkshire catering landscapes. This maneuver specifically eliminates the geographic fragmentation between existing northern depots, establishing a contiguous service network for the region's high-stakes institutional clients. By unifying these high-heritage assets, the group achieves an immediate expansion of its multi-temperature product range, significantly bolstering its capacity to manage comprehensive supply contracts for schools and healthcare facilities

Johan i Hallen & Bergfalk (JHB) is a Nordic fresh protein distribution and processing platform serving the HoReCa sector, further strengthening its Food Service Distribution (FSD) capabilities through the acquisition of Fisk Idag, a Gothenburg-based seafood specialist. Since its integration into METRO AG in May 2023, JHB has operated as a regional consolidation infrastructure across Sweden and Finland, combining specialised distribution, integrated processing capabilities and a logistics footprint covering key Nordic metropolitan areas

METRO AG expanded its European foodservice distribution platform through the acquisition of Johan i Hallen & Bergfalk (JHB) from Litorina. JHB is a leading Nordic supplier of fresh meat, fish and seafood products to the HoReCa sector, holding a strong position across Sweden and Finland. The acquisition provides METRO with an immediate entry into the Swedish and Finnish foodservice markets while strengthening its expertise in fresh protein categories. JHB contributes a well-established regional platform, long-standing customer relationships and differentiated processing capabilities

PAI Partners acquired a majority stake in ECF Group, valuing the company between EUR800M and EUR850M. Naxicap Partners, the previous majority owner, reinvested as a minority shareholder. The transaction aims to support ECF's dynamic "buy-and-build" strategy (30 acquisitions in 5 years) and its expansion into new segments like fast food and hygiene services.

WestCountry Food Holdings has been acquired by Kitwave marking a critical diversification of the group's product suite into the fresh produce category. This strategic acquisition complements the previous operation of M. J. Baker, creating a dense, multi-temperature service hub in the South West of England. By unifying the target’s high-heritage grower network with the group's national logistics framework, the organization constructs a comprehensive "one-stop-shop" platform for regional foodservice clients