Wholesale Produce Supply LLC, a fresh produce logistics and inventory management solutions provider and a Cross Rapids Capital portfolio company, announced that it has acquired Bandwagon Brokerage LLC, a specialty produce company. The acquisition is complementary, as it allows both companies to grow by broadening the portfolio of products and services they offer to customers as well as by broadening their customer bases. Bandwagon's founder, owner and President, Mr. Dennis Berman, will continue to run the business and has become an investor in WPS as part of the transaction.
Founded in 1988, Bandwagon serves foodservice distributors and other wholesalers throughout the continental USA, Hawaii, Caribbean, Canada and beyond. Bandwagon offers a wide variety of specialty fruits, vegetables and herbs, including Asian, Latin, organic, conventional, etc. Bandwagon procures the highest quality products from a rich network of growers and vendors. The company offers comprehensive specialty programs, covering hundreds of products, as well as consolidation services. Bandwagon operates out of a facility in Vernon, California, equipped with five separate temperature-controlled environments, a freezer, and a refrigerated repack room and located in close proximity to the Los Angeles produce market.
"Wholesale Produce Supply is thrilled to join forces with Dennis and the Bandwagon team," said Mr. Jason Dugan, Chief Executive Officer of WPS. "We are excited to expand our offering to our customers to include a broad array of specialty produce and also offer Bandwagon's customers access to our extensive core produce programs and value-added services, such as ripening, grading, and fresh-cut. Band-wagon's focus on high-quality, reliable service overlaps with ours, and we extend a warm welcome to Bandwagon's employees into the WPS family."
"We are thankful to our dedicated employees as well as to our long-term customers, growers and vendors," added Mr. Berman. "We look forward to continuing to provide outstanding service and to expanding our offering and capabilities, as part of Wholesale Produce Supply."
