Ferraro Foods is a foodservice distributor delivering food and supplies primarily to the Italian restaurant and pizzeria segment in the Eastern U.S.
Deal represents the first platform investment from Council Capital IV, a $200mn fund that closed in November 2020
KKR is making the investment through its Americas XII Fund
Flexpoint Ford originally got involved with DASH in 2018
ATS is a provider of testing, inspection, and calibration services
KKR is investing in the catalogue through its Dislocation Opportunities Fund
Leland Smith, founder and CEO, will continue to lead Service Champions alongside the existing management team
Sigma Defense’s founders will remain with the Company and retain a significant equity ownership