Paramax advised L&M Food Service, Inc. on its sale to BT Supplies West, Inc.

About the Transaction

Paramax advised L&M Food Service, Inc., a privately owned distributor, located in Bullhead City, Arizona, on its sale to BT Supplies West, Inc. a strategic acquirer serving customers nationally.

L&M Food Service, Inc. is a leading regional distributor of food service consumables, janitorial & sanitation paper and supplies, restaurant smallwares and supplies, food service equipment, and a variety of other complementary items primarily to the casino industry. Founded in 1981, L&M distributes its line of premier products primarily in Nevada and Arizona. L&M Food Service is annually ranked among the 75 largest food service distributors in the United States.

BT Supplies West, Inc., is a premier distributor of paper goods, packaging, janitorial & sanitation supplies and equipment, and office supplies throughout the United States. Seeking to expand its product offering to include food service consumables, restaurant small wares and supplies, and food service equipment, as well as grow its market share within key geographies and end markets, BT Supplies aggressively pursued and completed the L&M Food Service acquisition. BT Supplies West is headquartered in Henderson, Nevada.

Paramax’ highly efficient sale process generated strong interest from both strategic and financial buyer prospects in the United States. Paramax Corporation is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. Paramax is headquartered in Williamsville, NY with an International reach through its partnership with Globalscope Partners, a leading group of corporate finance and business advisors operating globally to support M&A transactions. In addition to its sell-side advisory practice, Paramax engages with clients on buy-side and recapitalization transactions, as well as valuation and strategic consulting.

For more information on this transaction, please contact a member of our deal team.