Generational Capital Markets Advises Cawoods Produce in Sale to Mr. Greens

By Capital Markets

02/12/2020

Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Cawoods Produce, Inc., to Mr. Greens. The transaction closed February 7, 2020 and details were not disclosed.

Headquartered in Austin, Texas, Cawoods is a distributor of produce, dairy, and specialty goods serving a large variety of clients in the Austin, San Antonio and surrounding communities.

Mr. Greens, located in Miami, Florida, is a distributor of produce serving over 1,500 customers, including restaurants, hotels, country clubs, caterers, grocery stores, and cruise ships, as well as other various export and retail clients. Since 2011, Mr. Greens has grown from six employees in a 3,000 square foot facility to over 270 employees across three facilities representing 125,000 square feet.

Sam Cawood, CEO and Owner of Cawoods, said, “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.”

Nick Politis, Chief Executive Officer of Mr. Greens, said, “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.”

Chris Heckert, Managing Director Mergers & Acquisitions with support from Vice President Mergers & Acquisitions, Andre Farahmandi, successfully closed the transaction. Executive Managing Director Randy Kamin established the initial relationship with Cawoods.

"Cawoods has established an incredible brand in the State of Texas. I am excited to see that brand continue to grow in partnership with Mr. Greens” said Heckert.  

About Generational Capital, LLC

Generational Capital, LLC, is a Dallas, Texas-based merger and acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at www.gencm.com.

Generational Capital and Generational Capital Markets are part of the Generational Group and are affiliated with Generational Equity, LLC, which The M&A Advisor named Investment Banking Firm of the Year in 2016, 2017, and 2018.

GCM's most recent awards include The M&A Advisor's 2019 M&A Deal of the Year Award (50M-75M) and the Corporate/Strategic Deal of the Year (25M-50M).