Partnered with the founder / CEO of a multi-site cash and carry wholesaler to support their growth strategy of expanding across Canada through a combination of greenfield openings and potentially strategic M&A.
Founded in 1998, A1 Cash & Carry is a leading cash and carry wholesaler in Ontario serving as a one-stop-shop for independent restaurants and foodservice customers with a full suite of products including bulk grocery, food packaging, protein, produce, dairy, frozen foods, janitorial products, small wares and restaurant equipment.
“My colleagues and I are excited to welcome CCMP Growth as our new investment partner. Their team has a proven track record of helping high-growth, founder-led businesses like ours expand successfully. Together, we will continue delivering value to independent restaurants while expanding A1’s reach across Canada.”
Leader in the large and growing Canadian cash & carry market
Compelling customer value proposition which has driven strong above-market growth
Proven ability to expand geographically in a fragmented market with substantial whitespace
Experienced and capable management team is that is well-aligned for future success
CCMP’s track record of investing in cash and carry and in multi-site growth businesses and network of relevant operating resources, including CCMP Executive Advisor Mark Hornick
Expand geographically to build a national presence across Canada
Grow same-store sales by enhancing product offerings, investing in sales & marketing, and benefitting from attractive market tailwinds
Enhance margins through increased scale, operational initiatives, and continued investment in proprietary brands
These endorsements are provided by certain current and former executive officers of portfolio companies that are or were previously owned by certain investment vehicles advised by CCMP Growth and CCMP Capital. None of the executive officers were directly compensated for providing these endorsements. However, as a result of the ownership structure of these portfolio companies and the controlling interest held by the funds advised by CCMP Growth and CCMP Capital, a conflict of interest exists because the executive officers have an incentive to make positive statements about CCMP Growth and/or CCMP Capital and their experiences with CCMP Growth and/or CCMP Capital to maintain the goodwill with CCMP Growth. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP.
For illustrative purposes only. There can be no assurance any such value creation plan will ultimately be achieved as described herein. Certain statements herein reflect the subjective views and opinions of CCMP Growth and its personnel. Such statements cannot be independently verified and are subject to change.