{"id":25537,"date":"2013-08-16T00:38:47","date_gmt":"2013-08-16T04:38:47","guid":{"rendered":"http:\/\/thelehighacresgazette.com\/news\/?p=25537"},"modified":"2013-08-16T00:38:47","modified_gmt":"2013-08-16T04:38:47","slug":"stans-coffee-service-sold-to-stuart-acquisition-corp","status":"publish","type":"post","link":"https:\/\/thelehighacresgazette.com\/news\/2013\/08\/stans-coffee-service-sold-to-stuart-acquisition-corp\/","title":{"rendered":"Stan\u2019s Coffee Service Sold <br>to Stuart Acquisition Corp"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-25538\" title=\"Stans coffee\" src=\"http:\/\/thelehighacresgazette.com\/news\/wp-content\/uploads\/2013\/08\/Stans-coffee.jpg\" alt=\"\" width=\"300\" height=\"225\" \/>Stan&#8217;s Coffee Service is where the largest commercial fire on Lehigh Acres happened on July 10, 2011.<\/p>\n<p>On Sunday July 10 One of Southwest Florida\u2019s oldest and most respected food purveyors known to most as\u00a0Stan\u2019s Coffee\u00a0Service\u00a0but to others as\u00a0P &amp; L Foods suffered a complete loss of their 33,000 square-foot warehouse in Lehigh Acres.<\/p>\n<p>Now July 12, 2013 &#8211; Corporate Finance Associates, Inc., an international investment banking services firm providing merger and acquisition, business valuation, capital resource and financial advisory services, is pleased to announce that it was the exclusive advisor to Naples, Florida based Stuart Acquisition Corp. in its acquisition of P&amp;L Foods, Inc. and its operations under the \u201cStan\u2019s Coffee Service\u201d trade name.<\/p>\n<p><!--more-->P&amp;L Foods, Inc.\/Stan\u2019s Coffee Service, founded in 1955 and based in Lehigh Acres, Florida, began as a family business providing locally roasted coffee and service equipment to a variety of businesses across Southern Florida. As the business grew, its customers requested a greater variety of products. Thus began the Company\u2019s transition into a foodservice wholesaler and its membership in UniPro Foodservice, Inc. With a collective sales volume of over $60 billion, UniPro Foodservice, Inc. is the largest foodservice distribution cooperative in the United States. The company will retain its employees and continue its operations from its current facilities.<\/p>\n<p>\u201cAfter meeting with Joe, I knew that this would be good fit for our organization,\u201d Stated Peter Garda, President of P&amp;L Foods, \u201cI am excited for the future of the company and its continued commitment to our community and customers across Southwest Florida.\u201d<\/p>\n<p>Stuart Acquisition Corp. is a privately owned holding company founded by a Naples, Florida based family office. Corporate Finance Associates was hired to help diversify its holdings \u2013 both by industry sector and geographic location. \u201cFrom start to finish, Joe and the CFA team provided professional advice and service of the highest level. Joe helped me forge a relationship with the seller and was there to smooth over the delicate issues which so often arise,\u201d stated the President of Stuart Acquisition Corp.<\/p>\n<p>\u201cIt was a pleasure to be a part of this transaction, everyone involved were absolute professionals,\u201d said Joe Contaldo, Managing Director of Corporate Finance Associates, \u201cFrom the beginning, our mission was to find a growing business with a great management team in Southwest Florida &#8211; and P&amp;L Foods was a perfect fit.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stan&#8217;s Coffee Service is where the largest commercial fire on Lehigh Acres happened on July 10, 2011. On Sunday July 10 One of Southwest Florida\u2019s oldest and most respected food&hellip; <\/p>\n","protected":false},"author":8,"featured_media":25538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,32],"tags":[],"_links":{"self":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/25537"}],"collection":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/comments?post=25537"}],"version-history":[{"count":0,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/posts\/25537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media\/25538"}],"wp:attachment":[{"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/media?parent=25537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/categories?post=25537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thelehighacresgazette.com\/news\/wp-json\/wp\/v2\/tags?post=25537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}