Highview Capital, LLC, Los Angeles, completed the acquisition of specialized foodservice distributor Good Source Solutions, Carlsbad, Calif., from Evergreen Pacific Partners, Seattle, Wash.
Good Source provides a broad range of food distribution and product solutions to education, corrections, non-profit, business, industry and healthcare. It also provides value-added services such as packaging, labeling and menu planning. Good Source maintains strong relationships with over 500 global, leading food manufacturers, and its sophisticated procurement system links suppliers with over 2,500 customers across the United States.
“Good Source is proud of the relationships we have forged with our customers and partners, which have enabled us to expand across North America and offer products and services at the best quality and price,” says Rich Friedlen, president and CEO of Good Source. “Our success is founded on the caliber of our team and our customers’ trust in our offerings. This new partnership positions us extremely well for continued growth, and we look forward to working with the Highview team.”
“Rich and the Good Source team have built an outstanding business by leveraging their sophisticated distribution network, industry expertise and relationships. This partnership will empower the company to further capitalize on a fragmented industry and sharpen its competitive edge. We are excited to support Good Source in the future through both organic initiatives and strategic acquisitions to fuel expansion into new markets,” adds Ryan McCarthy, founder and senior portfolio manager of Highview Capital.