Building a Nationwide Powerhouse for JanSan, Foodservice, & Industrial Packaging
Rochelle Park, NJ – The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, is pleased to announce that TED Supply of Elizabeth, NJ has been acquired by Las Vegas-based BradyPLUS, a portfolio company of Warburg Pincus and Kelso & Company.
The DAK Group served as exclusive financial advisor to TED Supply.
“BradyPlus is the perfect partner for TED Supply – their products, services and culture are a natural fit. This transaction will expand TED Supply’s resources and infrastructure, accelerating their vision of nationwide distribution” stated Ari Fuchs, Managing Director, The DAK Group who led the sale process alongside Steve Oatway, Principal. “We are delighted to have represented TED Supply in this transaction. We are seeing tremendous demand for JanSan and foodservice distributors from both strategic and sponsor acquirers. We look forward to seeing TED Supply’s continued growth and momentum with BradyPLUS’ partnership” added Fuchs.
TED Supply is a single-source distributor of JanSan supplies, foodservice, and a wide range of other products for not-for-profit, healthcare, real estate, and property management clients in the New York metropolitan area. Well known for offering personalized support – from customer service to sourcing and delivery, TED Supply is a trusted provider and partner to its long-standing customer base.
“The best decision I made was bringing in The DAK Group. DAK provided excellent advice and counsel throughout the process. Not only did they manage the entire transaction process, allowing me to run my business, but they negotiated terms and an overall offer that significantly exceeded my expectations! “, said Joel Dreifus, Founder of TED Supply.
About The DAK Group
www.dakgroup.com
The DAK Group is a leading investment bank serving mid-market privately held businesses in the areas of mergers and acquisitions, business sales, strategic leadership advisory, valuations, and fairness opinions. Since 1984, The DAK Group has executed hundreds of transactions across a wide range of industries.
About TedSupply
www.tedsupply.com
Founded in 2014 by Joel Dreifus and driven by a passion to serve others, TED Supply was built with the vision to be the single supply source for the non-profit community. TED Supply’s mission is to provide exemplary customer care from start to finish and a wide variety of supplies, from the standard to the extraordinary.
About BradyPLUS (formerly known as BradyIFS + Envoy Solutions)
www.bradyplus.com
BradyPLUS is a leading national distributor and solution provider focused on JanSan, foodservice, and industrial packaging. We are driven to make customers more successful and operations more productive and sustainable. We offer Supplies PLUS Support: Premium brands, expert advice, and exceptional customer experiences. Our 6,000 associates have a passion for delivering innovative solutions for the business challenges of today and tomorrow. Together, we serve over 100,000 customers nationwide in end markets, including education, government, healthcare, hospitality, restaurants, building services, food packaging & processing, and grocery.
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