Edward Don & Company, LLC
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Edward Don & Company, LLC - overview
Established
1921
Location
Woodridge, IL, US
Primary Industry
Business Support Services
About
Edward Don & Company is a prominent supplier of foodservice products, catering to the hospitality and healthcare industries with an extensive range of offerings designed to enhance operational efficiency and customer satisfaction. Founded in 1921 and headquartered in Woodridge, US, Edward Don & Company specializes in providing a wide array of foodservice supplies. The company has undergone strategic adjustments to enhance its market presence. Steve Don leads the company as CEO.
Recently, in October 2023, Edward Don & Company was acquired by Sysco Corporation from Vestar Capital Partners, facilitating a new direction in its growth strategy. Edward Don & Company specializes in providing a comprehensive range of foodservice products and supplies, catering primarily to the hospitality and healthcare sectors. The company's core offerings encompass dinnerware, glassware, flatware, linens, and extensive kitchen supplies, including equipment and cleaning products. These items are designed to enhance dining experiences and ensure sanitary conditions in various environments.
The company serves a diverse clientele, including restaurants, hotels, catering services, and healthcare facilities across North America. The revenue model of Edward Don & Company is structured around B2B transactions, primarily involving wholesalers, retailers, and direct sales to business clients. The company engages in direct relationships with its customers, facilitating the procurement of essential foodservice items through established supply agreements. Their sales include bulk orders of products such as branded dinnerware and kitchen equipment, supported by a robust framework of customer service and product support, enhancing client retention and driving repeat business.
Following the acquisition by Sysco Corporation, Edward Don & Company aims to leverage new capabilities and diversify its offerings through the creation of a specialty Equipment and Supplies platform. This strategic move will enable them to enhance their product range and expand into new markets. Specific plans for future growth are centered around the development of innovative foodservice products, although detailed launch dates are not provided. The recent acquisition will support these initiatives, ensuring the company can effectively cater to evolving industry demands.
Current Investors
Vestar
Primary Industry
Business Support Services
Sub Industries
Industrial Wholesalers
Website
www.don.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Edward Don & Company, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Edward Don & Company, LLC | - | ||||||||
| Add-on | Completed | Shervan Colonel Equipment Corp | - | ||||||||
| Add-on | Completed | Myers Restaurant Supply | - | ||||||||
| Add-on | Completed | Smith & Greene Company | - | ||||||||
| Add-on | Completed | Atlanta Fixture & Sales Company Inc | - |
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