An unparalleled combination of brands creates a leader in the foodservice parts, supplies, equipment and accessories distribution industry.
Diversified Foodservice Supply, LLC. (DFSLLC), the parent company of leading brands in the foodservice parts, supplies, equipment, and accessories distribution industry, acquires D.S.I. Parts, Inc. (DSI), one of the industry’s most well-known and respected companies. The addition of DSI to the DFSLLC portfolio adds scale to the organization and improves the customer offering for chain restaurants and their associated franchisees. DSI will continue to operate as a leading brand in the combined company and joins other DFSLLC brands AllPoints Foodservice Parts and Supplies, Franklin Machine Products, Tundra Restaurant Supply, Mill Hardware, and Restaurant Parts & More as major brands owned by DFSLLC.
I’m excited to announce that Franklin Machine Products (FMP) has acquired Duraparts, a southeast regional parts and supplies company focused on chain restaurants.
Headquartered in Greer, South Carolina, Duraparts has been pleasing customers for over thirty years with fast and friendly service. Their extensive product assortment is tailored to meet the needs of their QSR customers. In line with the DFSI strategic plan, this acquisition is a great opportunity to gain better coverage with regional franchisees of major national chains, expand our product offering, and generate synergistic benefits in procurement and operations.
DENVER, CO (February 18, 2015) – KRG Capital Partners (KRG), a Denver-based private equity firm, completed its sale of Diversified Foodservice Supply, LLC. (DFSLLC), a leading distributor of maintenance, repair, and operations parts, supplies, and equipment to the U.S. foodservice industry, to New Mountain Capital. The transaction closed on February 17, 2015 and the sale represents the fourth successful full exit in KRG’s $1.96 billion Fund IV.