Bain Capital Acquires Imperial Dade
Imperial Dade, distributor of a wide variety of paper, packaging, and janitorial products, has signed a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company.
Per the terms of the deal, Imperial Dade’s current management team will remain in place. Financial details of the purchase were not disclosed.
“We are pleased to welcome an experienced investment partner who shares our vision for building Imperial Dade into a national distributor of foodservice and janitorial supplies, and who will support our efforts to seize the many opportunities we see in the marketplace,” said Robert Tillis, Imperial Dade CEO.