Advent International to Acquire a Significant Stake in Imperial Dade, a Leading North American Distributor of Foodservice Packaging

Advent International announced it has signed a definitive agreement to acquire a significant stake in Imperial Dade the leading distributor in North America of foodservice packaging and janitorial supplies, from Bain Capital Private Equity. Bain Capital, which first invested in Imperial Dade in 2019, and Advent will have joint Board governance.