Sole Source Capital buys majority of Worldwide Produce [Reuters]
Source Capital, Inc. (SOR)
US:NYSE Investor Relations:
sourcecapitalinc.com/source
Company Research
Source: Reuters
Sole Source Capital buys majority of Worldwide Produce Sole Source Capital Worldwide Produce PRESS RELEASE Sole Source Capital Acquires Worldwide Produce Positions Company for Continued Growth and Industry Leadership SANTA MONICA, OCTOBER 25, 2019 – Sole Source Capital LLC (“Sole Source,” “SSC” or the “Firm”), an industrial-focused private equity firm providing capital to North American lower-middle market companies, today announced the acquisition of a majority interest in Worldwide Produce (“WWP” or the “Company”), a leading distributor of fresh produce, dairy and specialty foods in California and Nevada. Terms of the transaction were not disclosed. Founded in 1989, WWP is one of the largest produce and dairy distributors in Southern California with a commitment to sourcing, handling and storing all produce with the highest standards of safety. WWP has a strong reputation for providing high-quality produce and superior service levels to its customers, which has led to revenue growth
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