Hci Equity Partners-Backed Amercareroyal Acquires Team Three Group
02/27/23, 12:05 PM
Location
Industry
hospitality
AmerCareRoyal ("ACR"), a leading supplier of disposable foodservice supplies, gloves and take-out packaging backed by HCI Equity Partners ("HCI"), announced today the acquisition of Team Three Group ("Team Three"). Team Three is ACR's eighth add-on acquisition since HCI's initial investment. HCI is a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and B2B service companies. Financial terms were not disclosed.
Company Info
Location
Exton, Pennsylvania, United States
Company info
ACR is a leading supplier of essential foodservice supplies. It provides a comprehensive range of foodservice essentials and packaging solutions, serving national level customers with outstanding customer service and an ever-growing product line.