The acquisition of Performance Food Group Company, Richmond, VA, by The Blackstone Group and Wellspring Capital Management has been completed. The transaction is valued at $1.4 billion.
Performance Food Group is being merged with a wholly owned subsidiary of VISTAR Corporation, a specialty foodservice distributor controlled by affiliates of Blackstone and Wellspring.
The newly combined company, known as Performance Food Group, is expected to have revenues approaching $10 billion and more than 10,000 associates.
As a result of the merger, Performance Food Group Company’s common stock was delisted and ceased trading on the NASDAQ Global Select …
Performance Food Group Acquisition Complete
The acquisition of Performance Food Group Company, Richmond, VA, by The Blackstone Group and Wellspring Capital Management has been completed. The transaction is valued at $1.4 billion.
Performance Food Group is being merged with a wholly owned subsidiary of VISTAR Corporation, a specialty foodservice distributor controlled by affiliates of Blackstone and Wellspring.
The newly combined company, known as Performance Food Group, is expected to have revenues approaching $10 billion and more than 10,000 associates.
As a result of the merger, Performance Food Group Company’s common stock was delisted and ceased trading on the NASDAQ Global Select …
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