Minneapolis-based Wholesale Produce Supply, a fresh produce logistics and inventory management solutions provider, has acquired Bandwagon Brokerage, a specialty produce company.
The acquisition will allow both companies to grow by broadening the portfolio of products and services they offer to customers, as well as by broadening their customer bases. Bandwagon’s founder, owner and president, Dennis Berman, will continue to run the business and has become an investor in Wholesale Produce Supply as part of the transaction.
“We are thankful to our dedicated employees as well as to our long-term customers, growers and vendors,” Berman said. “We look forward to continuing to provide outstanding service and to expanding our offering and capabilities, as part of Wholesale Produce Supply.”
Founded in 1988, Bandwagon serves foodservice distributors and other wholesalers throughout the continental U.S., Hawaii, Caribbean and Canada. Bandwagon offers a wide variety of specialty fruits, vegetables and herbs, including Asian, Latin, organic and conventional. Bandwagon procures products from a network of growers and vendors. The company offers comprehensive specialty programs, covering hundreds of products, as well as consolidation services.
Bandwagon operates out of a facility in Vernon, California, equipped with five separate temperature-controlled environments, a freezer and a refrigerated repack room.
“Wholesale Produce Supply is thrilled to join forces with Dennis and the Bandwagon team,” said Jason Dugan, CEO.
“We are excited to expand our offering to our customers to include a broad array of specialty produce and also offer Bandwagon’s customers access to our extensive core produce programs and value-added services, such as ripening, grading and fresh-cut. Bandwagon’s focus on high-quality, reliable service overlaps with ours, and we extend a warm welcome to Bandwagon’s employees into the WPS family.”
Mayer Brown served as legal counsel to Wholesale Produce Supply. Calabasas Capital served as financial advisor and Sklar Kirsh served as legal counsel to Bandwagon.
For more information, visit wholesaleproduce.cc.
