“I would like to thank Carter Morse & Mathias for their financial and strategic advice over the past fourteen years. They have been there for us assisting in various M&A projects, strategic planning, financings, and valuation issues."

has been acquired by

Business Description

Dinex International Inc. was a leading supplier of foodservice equipment and supplies to the healthcare and other institutional industries with annual sales of approximately $85 million. Dinex supplies traytop smallwares, dishware, disposable lids, packaging, food service equipment including heating and meal delivery systems.

Background

Dinex’s two founders, both in their sixties started the business more than 20 before.  After steering the Company from a small niche supplier to becoming an industry leader, they decided to exit.

Solution

Carlisle Companies Incorporated (NYSE:CSL) acquired Dinex for $95 million to complement its core foodservice product categories and support its growth initiatives in the healthcare, educational, corrections and other institutional foodservice markets. Carter Morse & Mathias had been Dinex’s financial advisor for more than 15 years, assisting in various M&A projects (buy and sell side), strategic planning, financings, and valuation issues, and was Dinex’s exclusive financial advisor on this transaction.

Contact us to learn more about this transaction.

More transactions >
X
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Join Our Mailing List

For more than three decades, Carter Morse & Goodrich has excelled at maximizing shareholder value for our clients and leading transactions through to successful completion.

Please enter your information below to receive email updates
from Carter Morse & Goodrich.