Palm Beach Capital Invests in Allen Brothers, Forms National Convenience Distributors
March 30, 2020
Palm Beach Capital Fund III made an investment in Allen Brothers Wholesale Distributors and created National Convenience Distributors (NCD), combining Allen Brothers with J. Polep Distribution Services and Harold Levinson Associates as operating divisions. The new NCD organization reports combined annual revenues of $3 billion and becomes one of the largest full-line convenience store distributors in the U.S., expanding geographic reach and centralizing operations.
- Buyers
- Palm Beach Capital Fund III, L.P. (Palm Beach Capital)
- Targets
- Allen Brothers Wholesale Distributors
- Platforms
- National Convenience Distributors, LLC
- Industry
- Logistics & Distribution
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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