Michigan’s largest food management company, Continental Services of Troy, has acquired Canton Township’s Sterling Services.
Under terms of the deal, the entire Sterling Services leadership team and staff will join the Continental team. Financial terms of the transaction were not disclosed. The deal represents Continental’s fifth acquisition in the last 18 months.
“With its track record of innovation, consistent core values, an outstanding market reputation, and robust sales and service teams, Sterling Services is a great fit,” says Steve LaPorte, president of Continental’s refreshment services group.
Sterling Services, in business for more than three decades, brings to Continental multiple customers and a broad array of services that includes corporate dining, micro markets, vending, and office coffee service, according to LaPorte.
The company, which was owned by Ray Friedrich and Chris Peppo, was the first company to introduce the mini-market concept. The format, which offers food and convenience goods under the Fresh at Work brand, has been introduced in more than 30 locations around the region. The size of the locations, mostly in corporate office and medical buildings, varies based on the facility and tenancy.
Apart from its hybrid markets, Sterling Services operates a variety of food services, including vending machines in 220 locations such as at area cineplexes. The company also consults with large corporations around the country on their needs for food services. Automatic Merchandiser, a trade magazine, cited Sterling Services for starting the “micro-market” concept.
Continental provides a wide range of custom dining, refreshment, and event services for more than 1,000 clients including small and medium-sized businesses, corporations, colleges, universities, business and industrial sites, and hospitals and medical centers.