Whitsons Culinary Group Acquires Glendale Senior Dining
Deal News | Jan 28, 2025 | GenNx360 Capital Partners
GenNx360 Capital Partners, a private equity firm based in New York, has announced that its portfolio company, Whitsons Culinary Group, has acquired Glendale Senior Dining, Inc. Founded in 1979, Whitsons is a prominent multi-regional provider of customized dining services across various sectors, including healthcare and education. This acquisition allows Whitsons to deepen its presence in the healthcare and senior living dining markets. Glendale, based in New England, offers contracted dining services across senior living and long-term care communities, focusing on providing nutritious onsite prepared meals at over 50 locations. Both companies emphasize shared values and the potential for growth, with Whitsons committed to excellence in foodservice operations. Executives from both companies expressed optimism about the combined entity's ability to enhance its mission in the meal service market. GenNx360, founded in 2006, targets middle-market firms in industrial and business services to foster operational improvements and growth.
Sectors
- Private Equity
- Food Services
- Healthcare Services
Geography
- United States – Both GenNx360 and Whitsons Culinary Group are headquartered in New York, and Glendale operates in New England.
Industry
- Private Equity – GenNx360 Capital Partners is a private equity firm engaged in middle market investments.
- Food Services – Whitsons Culinary Group is a major provider of dining services, notably in healthcare and education.
- Healthcare Services – The acquisition involves expanding services in senior living and long-term care markets.
Financials
- – No specific financial details like deal size or valuation were disclosed in the article.
Participants
Name | Role | Type | Description |
---|---|---|---|
Whitsons Culinary Group | Target Company | Company | A portfolio company of GenNx360, providing customized dining services. |
GenNx360 Capital Partners | Private Equity Firm | Company | The PE firm that oversees Whitsons Culinary Group, focused on middle market acquisitions. |
Glendale Senior Dining, Inc. | Acquired Company | Company | Offers dining services to senior living and long-term care communities in New England. |
Paul Whitcomb | CEO of Whitsons Culinary Group | Person | Executive leader responsible for the strategic operations of Whitsons Culinary Group. |
James Hecker | President & COO of Glendale | Person | Executive leader overseeing Glendale's operations. |
Rishi Verma | Board Chair and GenNx360 Partner | Person | Board Chair of Whitsons and Partner at GenNx360 involved in the acquisition. |