Stan’s Coffee and Food Service, founded in 1955 and based in Lehigh Acres, Florida, began as a family business providing locally roasted coffee and service equipment to a variety of businesses across Southern Florida. In addition to selling coffee and related products, the company warehouses and sells a variety of dry grocery items to the food service industry. The Company will retain its employees and continue its operations from its current facilities.
Osprey Capital LLC, formed by David H. Hoffmann, is a private family office consisting of internationally recognized businesses owned solely by the Hoffmann family. Osprey has a diversified portfolio which includes investments in executive search, real estate, hospitality and food service, restaurants, transportation, cruise lines, executive suites, software, oil distribution, insurance, manufacturing, public market investment, aviation, and wine-making. Through its operating businesses, Osprey has a presence in 27 countries with over 200 locations around the world.
“The successful outcome of this assignment furthers our presence in the food and consumer products space,” shared Bob Contaldo, XLCS Chairman and Managing Partner. “This is a vertical that XLCS expects to further focus on.”
XLCS acted as the exclusive M&A advisor to Stan’s Coffee and Food Service and the transaction was completed on January 9, 2020.
About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.