Florida Veg Investments, LLC (“Mr. Greens” or the “Company”), a preeminent distributor of produce, dairy, and dry goods in Florida, announced the acquisition of Cawoods Produce Inc. (“Cawoods”), a distributor of produce, dairy, and specialty goods serving the Austin and San Antonio markets.
“Sam, Brenda and the rest of the Cawoods team have done an excellent job building a leading produce distributor in Austin and San Antonio. Their focus on putting quality and service first aligns perfectly with how we’ve grown Mr. Greens. We are thrilled to partner with the Cawoods team to expand the footprint and presence of Mr. Greens throughout the state of Texas,” says Nick Politis, chief executive officer of Mr. Greens.
The transaction represents Mr. Greens’ first acquisition outside the state of Florida and highlights the Company’s rapid growth strategy to expand across the country. The Cawoods management team rolled a portion of their proceeds into Mr. Greens as part of the deal and will continue running the business. Chris Heckert with Generational Capital Markets represented Cawoods in the transaction.
“We are excited to work closely with Nick and the rest of the Mr. Greens team to accelerate our growth in Texas, while also continuing to provide top tier service and product quality to our customers. We’ve followed the Mr. Greens story and are thrilled to leverage the experiences they bring to the table to further enhance our offerings,” Sam Cawood, CEO and owner of Cawoods says.
