TAMPA, FL – October 05, 2021 – Vision Point Capital (“VPC”), an investment banking leader in business valuation, M&A, and ESOP advising, today announced that it acted as exclusive financial advisor to the ESOP trustee representing Food Authority in the completion of their Employee Stock Ownership Plan (ESOP). Terms of the transaction were not disclosed.
Congratulations to everyone at Food Authority on the sale of the company and becoming an employee-owned business.
About Food Authority:
Since its inception in 1977, the team of highly-skilled employees at Food Authority are dedicated to one simple goal: providing the finest quality products and services to its customers. We strive to satisfy a customer’s needs by ensuring that the freshest, most delicious produce and grocery items are delivered in a timely and efficient manner.
About Vision Point Capital
For over 20 years, our advisors have supported their clients with comprehensive advisory services to help them with their complex business valuation and business transition needs.
Our client’s personal goals are at the heart of everything we do. We are well versed in advising clients across a broad range of industries and help them manage and navigate valuation and all the business transition alternatives available to them. In fact, when you work with Vision Point Capital, you leverage our resources, experience, and expertise to help you grow faster and optimize value for reaching a successful business transition.