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.”

RELATED CONTENT

Equipex, Fisher Update Rep Coverage

Equipex gains support in MAFSI Region 20, while Fisher updates representation in MAFSI Regions 4 and 15.

TGIFridays

TGI Fridays Seeks Global Growth via Acquisition

The deal with a UK-based franchisee will give the brand more corporate-owned stores and capital to expand its global footprint.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -