Olympus Partners today announced a strategic investment in Vesta Foodservice (“Vesta”), a premier specialty foodservice distribution company primarily serving the Western United States.
The investment positions Vesta to accelerate its growth and invest in additional technology. Known for its “Yes Chef” service model, Vesta serves a diverse customer base including fine dining establishments, luxury hotels, and large-scale institutional foodservice providers.
“We are excited to partner with the entire management team at Vesta,” said Michael Horgan, Partner at Olympus. “Vesta’s market-leading position and customer-centric approach differentiates it in today’s market and positions the company for future growth. We look forward to supporting their continued growth alongside Michael Glick, Scott Parra-Matthews and Jin Ju Wilder.”
Michael Glick, Founder of Vesta Foodservice, added: “Olympus is the right partner for us to make Vesta into an even better and more customer-focused business. This partnership provides the strategic resources necessary to scale our operations while maintaining the quality our culinary partners depend on.”
Jin Ju Wilder, who assumes the role of CEO of Vesta Foodservice, stated: ” I’m incredibly excited to partner with Olympus and lead Vesta into its next chapter. Their experience and resources position us to continue building on our strong foundation and invest in the people, partnerships, and capabilities that will drive our long-term growth.”
The Olympus deal team included Michael Horgan, Sid Ahuja, and Nathalie Turner.
Olympus was represented by Matt Goulding and Cameron Leishman of Kirkland & Ellis LLP, and Michael Mackie of KPMG. Vesta Foodservice was represented by Harris Williams and Brownstein Hyatt Farber Schreck, LLP.