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SFEP-Backed Xceed Acquires Encore Food Solutions

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Xceed Foodservice Group, backed by San Francisco Equity Partners, has made an investment in Encore Food Solutions, marking Xceed's eleventh acquisition since its establishment in 2024. The deal expands Xceed's footprint in the foodservice brokerage sector, with Encore continuing to operate independently under its existing management team.

Encore specializes in serving food manufacturers, distributors, and restaurants throughout the South and Texas regions, with expertise in meat, seafood, and poultry distribution. The company's management will retain an equity stake in the combined entity, ensuring continuity in operations and strategic direction. This acquisition strategy demonstrates Xceed's aggressive expansion approach in the fragmented foodservice brokerage market.

The investment builds on Xceed's platform strategy of consolidating regional players to create a national presence. By maintaining Encore's local market expertise while providing access to broader resources, Xceed aims to enhance service capabilities and drive growth across multiple food categories. The retention of Encore's management team suggests a collaborative integration approach focused on preserving established relationships and operational strengths.