Innovative Foodservice Group Acquires S.C. Dealer
Innovative Foodservice Group, formerly known as BJ Beltram, has acquired JES Restaurant Equipment.
Founded in 2008 by Vivian and Eric Smith, Greenwood, S.C.-based JES sells equipment, supplies, furniture and smallwares. JES President Vivian Smith predicted the partnership “will generate even faster growth with access to a broader range of competitively priced products and distribution capabilities nationwide.”
The transaction marks the second acquisition for IFG since it partnered with Trivest Partners as a portfolio company. IFG was founded in 2017 and currently operates a network of foodservice equipment distributors, including B&J Food Service Equipment, Beltram Foodservice Group and, since last year, the Louis Wohl Group.
IFG says it is looking for additional acquisitions “to build scale and expand the presence of the company.”