Advised City Line Distributors on its recapitalization by Frontenac Company

Capstone Partners (IMAP USA) advised City Line Distributors, Inc.—a family-owned specialty food distributor—on its recapitalization by Chicago-based private equity firm Frontenac Company. Terms of the deal were not disclosed.

City Line Distributors is a third-generation, family-owned food distributor headquartered in West Haven, CT. Founded in 1930, it is a specialty distributor with broadline capabilities focused on supplying food and food related items to restaurants, hotels, schools, colleges, and healthcare facilities. City Line is the largest single facility food distributor in New England, the fourth largest in the United States, and the 26th largest in the UniPro buying group network—the largest foodservice distribution cooperative in the U.S. City Line operates in thirty counties across New England.

Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries.