PE-backed Edward Don & Company buys Shervan

Edward Don & Company, which is backed by Vestar Capital, has acquired Las Vegas-based Shervan Colonel Equipment Corp, a designer and installer of kitchens. No financial terms were disclosed.

PRESS RELEASE

WOODRIDGE, IL – June 1, 2019 – Edward Don & Company, a nationwide distributor of foodservice equipment and supplies, announced today the acquisition of Shervan Colonel Equipment Corp., located in Las Vegas, Nevada. Shervan has designed and installed kitchens across the United States, including some of the highest volume restaurants, casinos and resort properties. Shervan Equipment will operate as a division of Edward Don & Company and remain under the leadership of Drew Shervan.

“We are excited to have Drew Shervan join our team,” said Steve Don, CEO of Edward Don & Company. “Drew’s excellent design and project management skills will be a great addition to our growing design-build capabilities.”

Drew Shervan stated, “I look forward to partnering with Edward Don & Company. DON’s nationwide scope and our shared vision of passionate customer service and outstanding foodservice design, will be a successful combination.”

This deal represents Edward Don & Company’s fourth acquisition since its investment from Vestar Capital Partners in March of 2017.

About Edward Don & Company
Owned and operated by the Don family since 1921, Edward Don & Company is the world’s leading distributor of foodservice equipment and supplies.

Headquartered in Woodridge, IL, the company is the chosen supplier to all types of foodservice businesses including independent restaurants, national chains, health care, hospitality, country clubs, schools and universities, government institutions and foodservice management. DON, with approximately 1,250 employees, operates a nationwide distribution network supported by seven full-service distribution centers – in Chicago, Philadelphia, Atlanta, Miami, Dallas, Los Angeles and Seattle – and operates its own transportation fleet. DON serves national and multi-unit account programs with flexible, customized solutions that meet the needs of both the corporate office and the individual units. DON’s Foodservice Equipment Division offers full service kitchen design, equipment purchasing and installation. For more information, please visit www.don.com.