Livingstone’s Business Services sector team is pleased to announce the sale of certain assets of Crystal Food Services to Centerplate, Inc, one of the largest providers of catering, concessions and facilities management services in the US. Crystal Food Services, an operating division of Marsh Supermarkets, is a portfolio company of private equity house Sun Capital Partners.
Crystal is the regional market leader in providing high quality cuisine and food management service to its customers, primarily in the Indianapolis marketplace. The Company is recognised in the food services industry for its seamless integration of cafeteria management, catering, vending and coffee supply and service, providing “one-stop” solutions for clients.
Crystal has an excellent reputation for providing catering services to major sporting events, and high-end social and corporate events through their own venues in the Indianapolis market. Cafeteria and concession customers include many of the area’s leading corporate cafeterias and entertainment venues. Vending and coffee service customers include convenience stores and large and small offices.
Stephen Miles, Partner at Livingstone Chicago commented, “We are very pleased to have worked with Crystal Food Services and Sun Capital Partners on this transaction, delivering a successful exit to one of the industry’s leading national players, Centerplate. This transaction allows Centerplate to expand its presence in the attractive, growing and competitive Indianapolis marketplace.”