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New Heritage Exits Midwest Corporate Foodservice Giant

  • 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.

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