Gryphon Investors, a San Francisco CA-based private equity firm, in partnership with executive Michael Bailey, have completed the acquisition of Aladdin Food Management Services, AmeriServe Food Management Services, and Fitz, Vogt & Associates, through a newly formed company, TrustHouse Services Group Inc.
Bailey is the former chief executive officer of Compass Group PLC, a global foodservice provider. Terms of the transaction were not disclosed. He will become chairman and CEO of TrustHouse.
TrustHouse provides outsourced food management services to educational institutions, healthcare facilities, and businesses, primarily in the Northeast, Mid-Atlantic, and Midwestern regions of the United States.
Aladdin of Wheeling WV is a contract foodservice provider that focuses primarily on the higher education, private school, nursing home, and other non-acute heath care markets.
Founded in 1994 and headquartered in Columbia MO, AmeriServe provides contract food service management to colleges and secondary schools throughout a seven-state area comprised of Missouri, Nebraska, Kansas, Oklahoma, Arkansas, Illinois, and Iowa.
Headquartered in Walpole NH, Fitz, Vogt & Associates is a regional provider of customized food management services in the Northeast.