Transaction Overview
- Represented National Checking Company (“NCCO”), a family-owned, St. Paul, MN-based provider of mission-critical foodservice consumables and technology-enabled food safety solutions, in its sale to Gallant Capital Partners.
- Founded in 1905, NCCO has built a longstanding reputation as a trusted partner to broadline foodservice distributors, national restaurant chains, convenience stores, hospitality operators, educational institutions, and healthcare facilities across North America and Europe.
- The Company’s product portfolio includes food safety and rotation labels, tamper-evident labels, custom-branded labels, register rolls, and its iconic GuestChecks™ order pads.
- NCCO also offers a suite of technology-enabled food safety solutions, including DateCodeGenie®, an automated food labeling system; Task Manager, a digital food safety management tool; and Always Food Safe, an ANSI-accredited food safety training platform.
Drivers of Interest
- Highly respected foodservice brand with a 120+ year operating history and longstanding reputation for quality, reliability, and customer service.
- Differentiated portfolio of foodservice consumables and technology-enabled food safety and compliance solutions.
- Daily-use consumables driving frequent, reoccurring customer demand.
- Entrenched relationships with leading broadline distributors and nationally recognized foodservice operators.
- Growing installed base of automated labeling systems and corresponding labels revenue.
- Well positioned to benefit from increasing food safety requirements, labor-saving automation initiatives, and continued modernization across foodservice environments.
- Proven acquisition platform with compelling organic growth initiatives.
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