TROY, Mich., February 22, 2017 – Continental, Michigan’s largest food management company, today announced its partnership with New Heritage Capital (Heritage), a Boston, Mass.-based private equity firm that works exclusively with founder-owned businesses. The partnership with Heritage supports Continental’s plan for continued growth, geographic expansion and further investment in innovation and technology to enhance the customer experience in its dining, refreshment services, and event lines of business.
Continental’s leadership team will continue to direct day-to-day operations and company vision, with Heritage supporting the company’s growth through strategic planning, acquisitions and investment in the company and its employees. With deep experience fueling significant growth at founder-owned companies, Heritage will play a key role in Continental’s aggressive growth strategy.
“Partnering with New Heritage Capital sets the table for the continued success of Continental,” says Continental founder and CEO, Jim Bardy. “The backing of a like-minded company provides an incredible opportunity to further build our company’s presence in Michigan and beyond, while enhancing our offerings and developing deeper connections with the guests that enjoy our services.”
Bardy added that Continental clients and guests can expect the company to continue enhancing its industry-leading portfolio of services with more distinctive culinary concepts, new technologies for guest engagement, and even higher servicedelivery standards, among other things.
About Continental
Continental, Michigan’s largest food management company, provides a wide range of custom dining, refreshment, and event services for more than 700 small and medium-sized businesses, blue-chip corporations, colleges, universities, business and industrial sites, and hospitals and medical centers. With more than 900 employees, Continental’s custom-tailored services range from on-site corporate cafés, grab-and-go markets and traditional vending to off-premise catering and event services. Continental’s team is passionate about creating engaging experiences with fresh, handcrafted food; this drive earned Continental its ranking among the country’s top 50 largest noncommercial contract dining management companies according to Food Management. Visit www.ContinentalServes.com for more details about the company and its diverse portfolio of services.
About New Heritage Capital
Heritage is a Boston-based private equity firm with a twenty-year history of partnering with growing, middle market, founder-owned businesses. With its innovative investment structures like the Private IPO®, Heritage provides founders with a combination of liquidity and growth capital while allowing founders to maintain control of their business. With decades of experience at managing growth, Heritage gives its partners the strategic, operational and financial guidance to help its companies reach their growth objectives. More information: www.NewHeritageCapital.com
