By Generational EquityDec 21, 2015, 04:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Pure Fill Solutions (Pure Fill), headquartered in Saint Paul, Minnesota, by Restaurant Technologies, Inc., headquartered in Mendota Heights, Minnesota. The acquisition closed on December 4, 2015.
Pure Fill has served the Twin Cities metro area for 17 years by providing innovative cooking oil management solutions and high-quality service to over 300 customer locations.
Over the past eight years, the company has continued to expand its service area while entering new customer markets such as grocery stores and bakeries.
Managing Director Michael Goss and Vice President Bryan Gooden and affiliate partner Wally Kocemba of Calhoun Companies led the Generational Equity deal team that advised Pure Fill on the transaction.
Michael Goss reports, "The transaction was a strong fit between two strategic partners that saw the mutual benefit of joining forces, which resulted in a fantastic transaction for both the Seller and the Buyer."
A trusted partner for more than 15 years, Restaurant Technologies is the leading provider of cooking-oil management to more than 23,000 national quick-serve and full-service restaurant chains, independent operators, grocery delis, hotels, casinos, universities and hospitals.
Restaurant Technologies helps foodservice operators make their kitchens safer, smarter, more efficient and more sustainable through its automated oil storage, handling, filtration monitoring and disposal management system.
Headquartered in Mendota Heights, Minn., Restaurant Technologies is a privately held company, operating 40 depots, and has more than 750 employees serving customers across the United States. Learn more by visiting www.rti-inc.com.
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