Insights
Benchmark International Successfully Facilitated The Transaction Between Espresso Parts, LLC and Diversified Foodservice Supply, LLC
February 8, 2024
Benchmark International is pleased to announce the transaction between Espresso Parts, LLC and Diversified Foodservice Supply, LLC. The target reason for the acquisition was strategic expansion.
Espresso Parts operates as an e-commerce supplier specializing in commercial coffee equipment. Since its establishment in 1993, the company has catered to businesses and individuals, offering a diverse range of products and services tailored to the coffee industry.
DFS is a leading provider of mission critical, high performance parts and essential accessories for commercial kitchens across the foodservice industry. DFS is the only provider of scale with a complete assortment of both OEM and proprietary branded products, allowing the Company to deliver superior economic value in addition to best-in-class service levels.
The synergies between the two parties were evident from the start of the conversations and led to an efficient deal completion timeline. Both the buyer’s and seller’s teams, alongside their advisors, churned through a quick yet intensive due diligence process. Both parties are incredibly pleased with the outcome.
“This deal was a prime example of the Benchmark International process proving its efficacy. It’s always great to see a seller find their perfect buyer – we wish both parties nothing but success moving forward.”- Transaction Associate Haden Buckman, Benchmark International
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
Benchmark International Secures Top Positions in LSEG's Q3 Global League TablesLSEG, previously known as Refinitiv as well as Thomson Reuters, has released its Global League Tables for the first nine months of 2024, and Benchmark International was once again recognized with several high rankings across different categories. Why Sell Now? Taxes Are About To SurgeIf you are a small business owner, such as a shareholder in an S corporation or part of a partnership, you don’t want to be caught by surprise by what is to come. Your federal income tax rate is currently on pace to increase by 30% on the final day of 2025. This is due to the expiration of certain tax laws, such as the 199A deduction, and an increase in individual federal income tax rates. The tax rate for pass-through entity owners will increase from 30% to 39.6%. There is also the possibility that taxable income could see a spike if the Tax Cuts and Jobs Act provisions are allowed to expire. This includes: