Advent International Acquires Significant Stake in Imperial Dade from Bain Capital
May 2, 2022
Advent International has signed a definitive agreement to acquire a significant stake in Imperial Dade, the leading North American distributor of foodservice packaging and janitorial supplies, from Bain Capital Private Equity. Bain Capital will retain board governance and remain a significant investor alongside the Tillis family and Audax, while Imperial Dade will continue to be led by Chairman Robert Tillis and CEO Jason Tillis; financial terms were not disclosed.
- Buyers
- Advent International
- Targets
- Imperial Dade
- Sellers
- Bain Capital Private Equity
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Transaction Type
- Recapitalization
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Related Acquisitions
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Bain Capital Private Equity Acquires Imperial Dade from Audax Private Equity
June 1, 2019
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Bain Capital Private Equity has completed the acquisition of Imperial Dade, a leading U.S. distributor of disposable foodservice and janitorial supplies, from Audax Private Equity. Imperial Dade's management (the Tillis family) and Audax will remain meaningful investors as Bain partners with management to accelerate the company's buy-and-build strategy and national expansion.
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Imperial Dade Acquires Boudreault Packaging Ltd
October 3, 2022
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Imperial Dade has acquired Boudreault Packaging Ltd, a Gatineau-based distributor of janitorial, sanitation and foodservice packaging products. Financial terms were not disclosed; Imperial Dade said the deal expands its Canadian presence and will preserve Boudreault's customer-focused culture and team.
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Imperial Dade Acquires Regional Distributors, Inc.
June 3, 2024
Logistics & Distribution
Imperial Dade, a North American distributor of foodservice packaging and janitorial supplies, has acquired Regional Distributors, Inc., a Rochester, New York-based distributor founded by David and Tracy Scalen in 1994. The deal, Imperial Dade’s 88th acquisition, expands the company’s presence across upstate New York; financial terms were not disclosed.
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Imperial Dade Acquires Advance Shipping Supplies
November 1, 2023
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Imperial Dade has acquired Advance Shipping Supplies, a 38-year-old Ontario-based distributor of industrial supplies, packaging materials and janitorial products. Financial terms were not disclosed; the deal expands Imperial Dade Canada's scale and product offering in the Ontario market and brings Advance's customer base onto Imperial Dade's national distribution platform.
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Imperial Dade Acquires Atlantis Packaging
July 7, 2023
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Imperial Dade has acquired Atlantis Packaging, a family-owned distributor of industrial and packaging products based in Chino, California. The acquisition expands Imperial Dade's scale and presence in Southern California and broadens its product offering to Atlantis customers across North America; financial terms were not disclosed.
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Imperial Dade Acquires Insight Distributing, Inc.
January 3, 2024
Logistics & Distribution
Imperial Dade has acquired Insight Distributing, Inc., a two-location distributor serving foodservice customers in Washington and Idaho. The acquisition expands Imperial Dade's coverage in the Western U.S.; financial terms were not disclosed and Insight's longtime owners Ken and Luke Pearlstein will transition ownership to Imperial Dade.
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