Foodservice Equipment & Supplies

MAY 2015

Foodservice Equipment & Supplies magazines is an industry resource connecting foodservice operators, equipment and supplies manufacturers and dealers, and facility design consultants.

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CORPORATE OFFICE • 300 Fellowship Road • Mt. Laurel, NJ 08054 P: 888-479-9111 • F: 888-479-1100 • www.marlinfnance.com • Equipment & Software • Furniture • Remodels • New Unit Expansion • Working Capital MADE TO ORDER FINANCING FOR YOUR FRANCHISE BUSINESS FOR MORE INFORMATION, CONTACT: Josh Rouswell at 888-479-9111 x4450 or visit our website: www.marlinfnance.com/franchise Marlin ™ is a nationwide provider of commercial lending. We are publicly traded (NASDAQ: MRLN) and a direct lender. Since 1997, we have serviced over 10,000 franchisee customers in over 500 brand concepts and have relationships with all the major suppliers of equipment and software for a franchised business. G.E.T. Enterprises, LLC, supplier of tabletop products for the commercial foodser- vice industry, merged with Irvine, Calif.-based Bugambilia International Inc. As a result of the deal, G.E.T. adds Bugambilia's resin-coated cast aluminum displayware, biodegradable bamboo dinnerware, bamboo riser systems and metal stands to its product oferings. Hatco Corporation, an employee-owned manufacturer with locations in Milwaukee and Sturgeon Bay, Wis., was named ESOP Company of the Year by the Wisconsin Chapter of the ESOP Association. The ESOP Association is the largest advocacy and education association that focuses on preserving and promoting em- ployee ownership through the Employee Stock Ownership Plan (ESOP) structure. Ignite Restaurant Group, Inc. reached an agreement to sell its Romano's Macaroni Grill subsidiary to Redrock Partners, LLC. Under terms of the agreement, Ignite Restaurant Group will receive approximately $8 million in cash, prior to any adjustments for transaction related costs. Jamba, Inc. reached an asset purchase agreement with Vitaligent, LLC to refranchise 100 company-owned restaurants in the San Francisco, Sacramento and San Diego markets. Under the terms of the agreement, Jamba will receive a purchase price of $36.0 million in cash. Led by David A. Peacock, former president of InBev subsidiary Anheuser-Busch, Vitaligent is an existing Jamba franchise partner in St. Louis. Upon closing of the transaction Vitaligent will own 105 Jamba locations. Low Temp Industries, also known as LTI, has hired CR Peterson + Associates to serve as representatives for the Georgia-based custom fabrication company in the New England mar- ket. CR Peterson will represent LTI in such areas as Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. Penn Jersey Paper Company has acquired Katcef Distributors, a distributor of foodservice supplies, equipment, disposables and janitorial products located in Annapolis, Md. Terms of the deal were not disclosed. This marks PJP's fourth acquisition in the last eight years. PJP will continue to operate out of the Katcef Distri- bution center, and take over operations of the Katcef cash-and-carry storefront. In other news PJP was named as one of Philly.com's Top Work- places for 2015. Each year, Philly.com conducts a thorough survey and uses the results to publish a list of the best places to work in the Greater Philadelphia area. This is the sixth year running that PJP has been named a Top Workplace, ac- cording to a company release.

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