Xceed Foodservice Expands Its Horizons with New Investments
Xceed Foodservice Expands Its Horizons with New Investments
Xceed Foodservice Group, a notable name in the foodservice sector, has recently made headlines by announcing a significant investment in Acclaim Foodservice. This strategic move marks an important step in its ongoing mission to enhance service offerings and market presence. Acclaim Foodservice has established itself as a leading brokerage company operating primarily in the Southern California region, further emphasizing Xceed's commitment to expanding its footprint in key markets.
A Partnership Built on Excellence
The partnership with Acclaim Foodservice represents Xceed's sixth investment since its inception earlier this year. While specific financial details regarding the investment have not been disclosed, it underscores Xceed's confidence in Acclaim’s operational prowess and its dedication to delivering outstanding service to its clients. Chris Leahy, owner of Acclaim, expressed enthusiasm about this new chapter, stating that teaming up with Xceed will enhance their ability to serve customers through a broader range of services and geographical reach.
Leadership Insights
In remarks about the investment, Darin Pounds, the CEO of Xceed, shared his excitement regarding the collaboration with Chris and his team. He highlighted that Acclaim has grown to become a premier foodservice brokerage platform in Southern California. This collaboration not only strengthens Xceed’s market position but also allows it to offer additional resources to clients, amplifying their service capabilities.
Strengthening the Team
In addition to this strategic investment, Xceed has also announced upgrades within its senior management team and Board of Directors. Sean Stanley has taken on the role of VP Marketing, Data, and Analytics. In his new position, he will spearhead data analyses, client reporting, and lead generation, all of which are vital for the company’s growth trajectory.
Welcoming Industry Veterans
Xceed’s Board of Directors has also seen the addition of experienced professionals who bring a wealth of knowledge and expertise. Johnny Hughes, who previously served as Senior Vice President and Head of Foodservice Sales at a major food corporation, along with Marc Greenberger, founder of a successful performance group, join the board. Their unique insights and vast experiences are expected to significantly contribute to Xceed's dynamic operations.
Future Growth and Opportunities
Xceed Foodservice Group is dedicated to creating value for clients in the foodservice industry. The organization provides marketing and sales support tailored to food suppliers. With a stronghold across the U.S. West Coast, Midwest, and Southeast, Xceed focuses on delivering localized market knowledge, which is crucial for sustained growth in the food-away-from-home segment.
Looking ahead, Xceed plans to broaden its market presence through collaborations with top-tier regional foodservice brokerages. These strategic partnerships will allow Xceed to tap into additional resources while ensuring that their clients continue to receive exemplary service and support.
About Xceed Foodservice Group
Xceed Foodservice Group operates as a pivotal brokerage organization, providing vital sales and marketing services to suppliers within the foodservice environment. Their commitment to localized knowledge and extensive market engagement positions them as a leader in the industry. For further inquiries on their services and insights, please refer to their official website.
About San Francisco Equity Partners
San Francisco Equity Partners is dedicated to working with lower middle-market businesses across the consumer value chain. The firm acts as an extension of the management teams of their partner companies, offering both invaluable operational experience and leveraging a broad network of relationships across the consumer landscape. Their commitment to the growth and success of their portfolio companies marks them as a key player in private equity investments.
Frequently Asked Questions
What recent investment did Xceed Foodservice Group announce?
Xceed Foodservice Group announced an investment in Acclaim Foodservice, enhancing its capabilities in the foodservice sector.
Who has joined Xceed’s management team recently?
Sean Stanley has joined Xceed as VP of Marketing, Data, and Analytics.
What role do new board members play at Xceed?
New board members Johnny Hughes and Marc Greenberger bring extensive experience, enhancing Xceed's strategic direction and operations.
How does Xceed intend to improve client services?
Through partnerships and internal enhancements, Xceed aims to provide a broader range of services and localized support to its clients.
What sectors does Xceed Foodservice Group focus on?
Xceed primarily focuses on providing services to suppliers within the foodservice industry, with an emphasis on sustained growth strategies.
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