Represented Diversis Capital in connection with an acquisition for its portfolio company, ArrowStream, Inc. of substantially all of the assets of American Restaurant Association, Inc. for equity in a newly formed subsidiary of ArrowStream, Inc. Read the press release.
ArrowStream, Inc. develops innovative solutions that address both inbound logistics and supply chain management, and connects the foodservice industry into a centralized solution for supply chain management, optimizing powerful data to provide unprecedented levels of transparency, control and actionable insight. American Restaurant Association, Inc. specialize in Supply Chain Data Intelligence for the U.S. Food Service Industry and Supply Chain including restaurants, food manufactures, food processors and distributors with particular expertise and services in Food Price Research Tools, Food Forecasting Tools and ChainBrain Supply Chain Analytics.
The transaction team representing Diversis Capital included Amit Singh (San Diego), and Timothy Polmateer (Santa Monica). Dayan Rosen advised on debt related matters; Ryan Gaglio advised on tax matters