May 18, 2013 10:25 AM ET

Hotels, Restaurants and Leisure

Company Overview of TrustHouse Services Group, Inc.

Company Overview

TrustHouse Services Group, Inc., through its subsidiaries, provides on-site contract foodservices in the United States. It specializes in cafeteria and restaurant management for education and healthcare sectors; provides foodservices in areas, such as school nutrition, corrections, healthcare, higher education, and business, as well as home and congregate nutrition services to the elderly; and engages in meals on wheels for elderly and head start programs for K-12 students. The company was founded in 2008 and is based in Charlotte, North Carolina with subsidiaries in Wheeling, West Virginia; Manchester, New Hampshire; Columbia, Missouri; Roseville, Minnesota; Albuquerque, New Mexico; New Hav...

Detailed Description

2201 Water Ridge Parkway

Suite 320

Charlotte, NC 28217

United States

Founded in 2008

Phone:

704-424-1071

Fax:

704-424-1074

www.trusthouseservices.com

Key Executives for TrustHouse Services Group, Inc.

Chairman and Chief Executive Officer
President
Chief Financial Officer
Treasurer and Secretary
Vice President of Business Development
Compensation as of Fiscal Year 2012.

TrustHouse Services Group, Inc. Key Developments

CIT Serves as Joint Lead Arranger and Administrative Agent in TrustHouse Services Group, Inc.'s Acquisition of Valley Services

CIT Group Inc. announced that it has arranged a $117.5 million senior secured credit facility to TrustHouse Services Group, Inc. to finance its acquisition of Valley Services, Inc.

CIT Group Inc. Provides Senior Secured Credit Facility to Trusthouse Services Group, Inc. to Finance its Acquisition

CIT Group Inc. announced that it has provided a senior secured credit facility to TrustHouse Services Group, Inc. to finance its acquisition of A'viands Food Services Management, a regional foodservice provider to the healthcare and education sectors. CIT Sponsor Finance served as Joint Lead Arranger and Administrative Agent for the transaction. Financing was provided by CIT Bank, a wholly-owned subsidiary of CIT. The company manages over 400 client accounts across more than 30 states. It will significantly increase its geographic footprint and nearly double the size of the Company following its acquisition of A'viands.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 18, 2013
--
Merger/Acquisition
May 22, 2012
Valley Services, Inc.
 

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