Freeman Spogli & Company Acquires Majority Interest in Five Star Food Service

Sodexo's InReach Acquires Five Star Food Services

February 5, 2024

Food & Beverage

Sodexo's InReach, the foodservice arm of Sodexo North America, has acquired Five Star Food Services, a family-owned foodservice provider headquartered in Stafford, Texas. The purchase expands InReach's presence in the Houston area and integrates Five Star's local contract catering capabilities into Sodexo's Houston operations.

The Jordan Company Invests in Five Star Holding

March 30, 2022

Packaging

The Jordan Company has agreed to invest in Five Star Holding, a Houston-based integrated flexible packaging manufacturer, taking a minority position alongside the company’s current owners. The growth capital partnership will support Five Star’s expansion and sustainability initiatives, including its PCR recycling and bio-film development capabilities.

Five Star Food Service Acquires Gulf Coast Canteen

October 7, 2021

Food & Beverage

Five Star Food Service, the largest Canteen franchise, has acquired Gulf Coast Canteen, a Mobile, Alabama-based vending operation, adding branches in Mobile and Pensacola and marking Five Star's entry into Florida. Terms were not disclosed; owner Greg Breland sold the business, while Gulf Coast's Ocean Springs, Mississippi operation will be acquired separately by New Orleans-based Refreshments Solutions.

Five Star Breaktime Solutions Acquires Georgia Vending Services

September 4, 2025

Food & Beverage

Five Star Breaktime Solutions has acquired Georgia Vending Services, a vending and micro-market operator based in Alpharetta, Georgia. The deal expands Five Star's presence in the Atlanta metro area and brings Georgia Vending's customers and employees into Five Star's regional breakroom and office coffee platform.

Freeman Spogli & Company Acquires Majority Interest in Kamps Pallets, Inc.

January 14, 2020

Logistics & Distribution

Freeman Spogli & Company has acquired a majority interest in Kamps Pallets, Inc., a Grand Rapids, Michigan-based pallet management services provider. Founder and CEO Bernie Kamps remains a significant shareholder and will continue to lead the company; financial terms were not disclosed and debt financing was provided by Oaktree Capital Management, Adams Street Partners and Comerica.

Freeman Spogli Partners with NearU Services in Recapitalization

August 17, 2022

HVAC & Mechanical

Freeman Spogli & Co. has partnered with NearU Services, a Charlotte-based home services platform, in a recapitalization to support NearU's next phase of growth. NearU's founder Ashish Achlerkar and existing investor SkyKnight Capital will remain significant shareholders as the company pursues geographic expansion, strategic acquisitions, and investments in team, training, and technology.