Newport Beach-based private equity firm Windjammer Capital Investors acquired Heritage Food Service Group Inc., a distributor of replacement parts for commercial kitchen equipment.
Terms of the buy were not disclosed.
Fort Wayne, Ind.-based Heritage was founded in 1987 and has five locations in the U.S. and 10 in Canada. It works with more than 800 food service original equipment manufacturers and services more than 45,000 customers in the U.S. and Canada.
Heritage had been part of the portfolio of the Jordan Co., a private equity firm with offices in New York, Chicago and Shanghai.
The deal was made out of Windjammer’s fourth fund, which closed in 2013 at $726 million.
Windjammer was founded in 1990 and has invested about $1.4 billion in more than 50 companies. It typically invests in companies with pretax earnings of $10 million to $50 million.