New Heritage Capital has sold Continental Services, a Detroit-based corporate foodservice provider, to Morgan Street Holdings.
Continental Services is one of the largest corporate foodservice providers in the Midwest, offering various services to its clients.
Under New Heritage's ownership, Continental experienced significant growth, including expanding into new territories and providing innovative food-at-work offerings.
New Heritage Capital focuses on investing in companies with $4 million to $20 million in EBITDA, while Morgan Street Holdings is the investment arm for the HAVI Group of businesses.