(SkyNewswire.com)--- Houlihan Smith & Company, Inc. ("The Houlihan Firm") Vice-Chairman and Group Managing Director, Charles Botchway, is pleased to announce that The Houlihan Firm has acted as the exclusive sell side advisor for Quality Cheese & Distributing Company (“Quality Cheese”) in the sale of its assets to Randolph Packing Company. The transaction team was led by The Houlihan Firm’s Managing Director Joe Lunkes; terms of the deal were not disclosed.
Quality Cheese, a Bloomingdale, Illinois based corporation, supplies cheese, and related products to pizzeria restaurants. Since 1981, Quality Cheese has steadily grown its revenues and account base, establishing itself as a reliable distributor servicing restaurants in Northern Illinois.
"The Houlihan Firm was instrumental in providing support and assistance throughout the sale process, this transaction allowed me to achieve my personal estate objectives," said Denise Braun, Owner of Quality Cheese. "My plans are to continue in the industry with Imperial Pizza, the combination of Quality and Imperial will result in a broader one-stop offering of specialized pizza ingredients and restaurant supplies for our customers."
"The Houlihan Firm is an expert in arranging sales, acquisitions, and corporate development transactions for middle market businesses owners like Denise,” said Joe Lunkes, Managing Director at The Houlihan Firm. “With hard work from my associates at Houlihan and winning collaboration with the Quality Cheese team, we were able to achieve Denise’s financial and professional goals."
About Randolph Packing Company:
Randolph Packing Company was founded in 1928 by Angelo Carmignani, in Chicago's famed Fulton Market district on Randolph and Sangamon Streets. His vision of manufacturing authentic Old World Style ethnic sausage, in the tradition of his sausage making ancestors in Italy, continues today. Randolph Packing Company is a federally inspected USDA facility. Randolph Packing Company's commitment to quality is displayed in their state of the art facility. The Imperial Pizza division supplies sausage and other food products to pizzerias, restaurants and other retail food businesses. All products are manufactured fresh daily.
About The Houlihan Firm:
Houlihan Smith & Company, Inc. ("The Houlihan Firm") is a specialized investment banking firm that provides advisory, financing, and valuation services to public and private businesses. The Houlihan Firm understands the time sensitivity of corporate finance and responds quickly to opportunities. The Houlihan name is synonymous with professional financial expertise. We provide cost-effective fairness and solvency opinions, as well as valuations for tax and financial reporting to some of the largest NYSE/NASDAQ companies, as well as small, privately held businesses. The Houlihan Firm is a registered broker-dealer and FINRA/SIPC Member. We have the knowledge, experience to match the appropriate financing and capitalization structure to each unique client situation as well as the relationships to match buyers and sellers. The Houlihan Firm’s approach creates corporate finance transactions in which business owners and investors mutually benefit.
Media Inquiries:
William Berger
Analyst – Houlihan Smith & Company
(312) 499-5986
|
