New Year, New Acquisition for Imperial Dade |
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Contributed by BSM Staff | |
JERSEY CITY, NJ & SPOKANE, WA -- Imperial Dade, a distributor of foodservice packaging and janitorial supplies, has acquired Insight Distributing, Inc. The transaction represents the 77th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. “The Insight partnership provides great value in the large and growing Western market which is key as Imperial Dade expands geographically and grows nationally with our customers,” said Jason Tillis. “We enthusiastically welcome the Insight family into Imperial Dade” With history dating back to 1941, Insight has been a staple in Spokane and will remain an integral leader going forward. Owned and operated by Ken and Luke Pearlstein, the Company remains committed to providing their customers and associates with the highest level of attention. The Company’s two locations service its loyal and diverse customer base throughout Washington and Idaho. By leveraging Imperial Dade’s platform, Insight’s customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions. "Insight’s storied history in the industry and exceptional customer service make it a great addition to the Imperial Dade platform," said Robert Tillis. Ken Pearlstein said, "We are excited about the future of Insight under the leadership of Imperial Dade. Our values and cultures align, and I look forward to the next chapter for the Insight customers and our employees.” Founded in 1935, Imperial Dade serves more than 120,000 customers across North America. Since Chairman Robert Tillis and CEO Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the foodservice, packaging, and janitorial supplies industry. For additional information, go to www.imperialdade.com. |
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