SRA Foods

Canaccord Genuity is pleased to announce that on March 24, 2017, SRA Foods, Inc., a leading distributor of meat products to restaurants and grocery stores in the southeastern United States, completed its sale to US Foods, Inc., a leading foodservice distributor in the United States.

Canaccord Genuity served as financial advisor to SRA Foods in connection with the transaction.

SRA Foods is a leading distributor of pork, chicken, beef and other center-of-the-plate items to restaurants and grocery stores in the southeastern United States. Founded in 1987 in Birmingham, Alabama by Anthony Anselmo, SRA has a reputation for superior service and value that is unmatched in its primary marketing area. SRA today sells over 1,000 distinct products to 1,100 customers in Alabama, Georgia, Tennessee and Mississippi.

US Foods is a leading foodservice distributor, partnering with approximately 250,000 chefs, restaurants and foodservice operators. With nearly 25,000 employees and more than 60 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill. and generates approximately $23 billion in annual revenue.