Five Star Announces Series Of 4 Acquisitions

Tuesday, April 23, 2019

Five Star Food Service announced Tuesday the completion of four acquisitions spanning service lines of micro markets, vending, pantry, office coffee, water, and catering. Three of the four acquisitions were tucked in to the company’s existing franchise footprint while the fourth expanded the franchise area across Georgia’s midsection including the entirety of metro Atlanta.

The first and largest acquisition of the group was Southern Refreshment Services, Atlanta’s premier provider of workplace convenience services, former winner of the NAMA Operator of the Year, and Canteen franchise. The purchase expanded Five Star’s Canteen franchise territory to cover all of metro Atlanta and included operating subsidiaries of Allmora Culinary Services and Old Fashion Foods. Five Star will continue to operate Allmora as a subsidiary division focused on catering and will expand its capabilities across the company’s footprint. Southern Refreshment Services and Old Fashion Foods will join Five Star’s Marietta location (formerly Eagle Vending) in forming a new region under the Five Star name led by Southern’s former President, Jeff Parks.

“Dan Hart and the leadership at Southern Refreshment Services have built an incredible company and legacy over the last 40 years – that is not lost on us," said Al Recher, president and CEO of Five Star. "We are blessed with the opportunity to continue to grow the business and serve their great customers. The Atlanta market and its consolidation offers many operating synergies on top of the great value and reputation Southern brings to Five Star. We are beyond excited about the opportunities ahead of us." 

In early March, Five Star entered into an agreement to purchase the micro market, vending, and coffee service portion of Knoxville-based Star Vending. The deal added more than 250 customers to the company’s existing base – boosting route density for all service lines in Knoxville. The former owners, Gordon and Dee Turnage, will continue operating Star as a catering business locally.

A few short weeks later, Five Star acquired Jonesboro, Ga.-based Tara Vending tucking in over 150 vending, micro market, and coffee service customers to the company’s existing base in the South Atlanta and Middle Georgia regions.

In early April, Five Star reached an agreement to acquire the bottled water service business of Nature’s Big Spring Water in Knoxville from Calhoun-based J&J Water, Inc. The purchase adds to Five Star’s growing five-gallon bottled water service business – making the company the second largest bottled water service operator in the East Tennessee region.

“We are honored to add the great companies of Star Vending, Tara Vending, and Nature’s Big Spring Water to our growing business," said Mr. Recher. "Each brings strong value, customer relationships, and growth opportunity to our company."


Local Craft Butcher Shop And Deli Opens At Cambridge Square

Hooters Reopens In Chattanooga

Dunkin’ Restaurants In Chattanooga Raise More Than $4,000 To Support Chattanooga Area Food Bank


Husband and wife team Chris and Sarah Bilbra of Cleveland will open their craft butcher shop and deli in Ooltewah’s Cambridge Square neighborhood on Thursday with an open house celebration from ... (click for more)

Hooters has announced that they have reopened more than 150 restaurants nationwide, including in Chattanooga, for dine-in service, in accordance with local and state mandates and guidelines, ... (click for more)

In efforts to support those in need amidst the COVID-19 health crisis, local Dunkin’ franchisee network Bluemont Group, LLC Friday announced it is donating $4,218 to benefit the Chattanooga Area ... (click for more)



Dining

Local Craft Butcher Shop And Deli Opens At Cambridge Square

Husband and wife team Chris and Sarah Bilbra of Cleveland will open their craft butcher shop and deli in Ooltewah’s Cambridge Square neighborhood on Thursday with an open house celebration from 4-7 p.m. Spek is at 9469 Bradmore Lane in Ooltewah. Spek Artisan Meats will specialize in whole animal butchery using animals raised on small farm pastures located within a 150-mile radius ... (click for more)

Hooters Reopens In Chattanooga

Hooters has announced that they have reopened more than 150 restaurants nationwide, including in Chattanooga, for dine-in service, in accordance with local and state mandates and guidelines, while continuing to offer takeout, curbside pick-up and delivery options. Hooters commitment to the safety and well-being of its guests and team members has long been a part of company values ... (click for more)

Breaking News

Hamilton County Has 15th Coronavirus Death; Tennessee Deaths Rise By 5 To 343

Hamilton County has added a 15th death from coronavirus, the Hamilton County Health Department reported on Tuesday. Cases rose to 717 from 694. Tennessee now has 343 deaths - up by five since the Monday report. There were 358 new cases, bringing the total to 20,965. There were 15 more hospitalizations for a total of 1,609. Nashville has had one more coronavirus death ... (click for more)

Coppinger Presents Bare Bones Budget That Still Could Be Revised Down

County Mayor Jim Coppinger on Tuesday morning presented a bare bones budget that still could be revised downward by reductions from the state. The county mayor said he is confident with the county's revenue projections. However, if there are more cuts coming, he said the county enjoys a healthy rainy day fund. It stands at $110 million - the same as last year. The total county ... (click for more)

Opinion

Memorial Day Remembrance 2020

Perhaps the terrible toll that has engulfed the greater world community due to the black wave known as COVID 19 brings about an urgent sense of reflection and recollection on the true meaning of Memorial Day. One of the earliest commentaries was provided by Frederick Douglass at Arlington National Cemetery on Decoration Day 1871. He would extol to the crowd to never forget ... (click for more)

Roy Exum: For Grins & Giggles

We know from many previous experiences that “An Idle Mind Is The Devil’s Workshop.” We also know that not one person in our nation could have been better prepared than our leaders from both parties in this COVID-19 pandemic. Guffaw and cackle all you want but I promise not a person in our state would pick you over Governor Bill Lee. It is terribly disappointing that every day somebody ... (click for more)