54.165.57.161

Falfurrias looks to create southeast US catering network through Best Impressions Caterers deal

1911

Falfurrias Capital Partners has closed an investment in Southeast US catering company Best Impressions Caterers.

The company, which was founded in 1989, provides planning, menu creation, and execution of catered events.

It said it would expand its operation following the investment by acquiring South Carolina-based Duvall Catering & Events, and continue to seek out additional partners with the goal of building a regional network of premium caterers across the Southeast.

Falfurrias founding partner Marc Oken said, “Dave Byron has built a market-leading business over the past three decades by developing strong relationships with his customers and building a talented team of culinary and event management professionals who consistently deliver great food and great experiences.

“Our regional growth strategy for Best Impressions is based on our conviction that other top caterers across the Southeast can benefit from the experience and expertise of [company founder Dave Byron] and his team, as well as the operational and financial support of Falfurrias Capital.”

Falfurrias was founded in 2005 by the former chairman and CEO of Bank of America Hugh McColl Jr alongside the bank’s former CFO Marc Oken.

The firm closed its third buyout fund on $275m in March last year. Falfurrias went on to back E-Technologies Group in February, and air purification devices provider Global Plasma Solutions earlier this month.

Copyright © 2018 AltAssets

Get the latest PE News & Research delivered to your inbox every morning