H&H Distributing Company has continued operations through a transaction with Hawkeye Foodservice Distribution, Inc.

Industry:

Transaction Type:

Special Situations

H&H Distributing Company – This full-line distributor of foodservice items, located in Iowa, had seen sales decline significantly over the past few years. Internal litigation among stockholders prevented the company from pursuing strategic goals to recapture this lost revenue and, with no resolution in sight, they decided to seek a sale of the business.

SC&H Capital was retained and quickly generated 2 going concern bids. Through a competitive auction, the highest value for the company was achieved and the business was sold to a strategic buyer, who continued operations without any interruption.

Transaction Leaders

Matt

Matt LoCascio

Principal

Ken Mann

Managing Director