The Innovative Foodservice Group Acquires Foodservice & Restaurant Supply (FRS)

Kelso & Company Acquires Individual FoodService

November 22, 2019

Food & Beverage

Kelso & Company has acquired a majority equity interest in Individual FoodService (IFS), a Bell, California-based distributor of foodservice disposables, packaging and janitorial/sanitation products, from prior investor Sole Source Capital. Kelso said it will partner with IFS management to accelerate the company's acquisition strategy, expand capabilities and invest in operations; Kenneth Sweder was appointed Chairman of the IFS board.

Individual FoodService Acquires Central Sanitary Supply

September 15, 2020

Logistics & Distribution

Individual FoodService (IFS), a Bell, California-based distributor of foodservice disposables and janitorial supplies, has acquired Central Sanitary Supply, a Modesto, California-based janitorial and facility supplies distributor. The deal expands IFS’s sales presence and distribution capabilities across California and Nevada and broadens its JanSan product offering to Central’s customers. Terms were not disclosed.

Individual FoodService Acquires Cole Supply Company

February 19, 2020

Logistics & Distribution

Individual FoodService (IFS), a Bell, California-based distributor of foodservice disposables and janitorial products, has acquired Cole Supply Company, a Benicia, California-based distributor of janitorial, cleaning and facility supplies. The acquisition expands IFS's presence in northern California and strengthens its JanSan offering while Cole's customers gain access to IFS's broader product portfolio; Devin Cole, owner and President of Cole, will continue to lead the business.

International Franchise Professionals Group Acquires Franchise Business Review

February 19, 2026

Consulting

The International Franchise Professionals Group (IFPG) has acquired Franchise Business Review (FBR) to strengthen IFPG’s franchise growth platform with independent market research and benchmarking capabilities. The acquisition will deepen IFPG’s analytics and AI-enabled performance intelligence offerings to provide franchisors predictive insights on franchisee satisfaction, onboarding, and system-wide performance risks.

CFS Brands Acquires Cornerstone Foodservice Group

December 4, 2025

Manufacturing

CFS Brands, the Oklahoma City–based foodservice products manufacturer, has acquired Cornerstone Foodservice Group (CFG), the Naperville, Illinois–headquartered owner of Spring USA, LloydPans, Equipex, Astra and Versa‑Gard. The deal brings CFG’s manufacturing footprint and complementary commercial foodservice equipment brands into CFS Brands’ portfolio to broaden product capabilities and deepen its front- and back-of-house offering.

CFS Brands Acquires The Foodware Group

October 3, 2023

Food & Beverage

CFS Brands has acquired The Foodware Group (TFG), a combination of G.E.T. and Winco, from Olympus Partners; the transaction closed October 2, 2023. The deal brings together CFS Brands' portfolio with TFG's front- and back-of-house smallwares and distribution capabilities to create a broader supplier for foodservice, healthcare and hygiene customers and to expand product, sourcing and distribution scale.