Acxion Foodservice

Canaccord Genuity Advises Acxion Foodservice on its Sale to Arbor Investments

Canaccord Genuity has advised Acxion Foodservice, one of the largest independent sales and marketing platforms dedicated to the North American foodservice channel, on its sale to Arbor Investments, a specialized private equity firm focused on acquiring companies in food, beverage and related industries. The transaction marks the second platform investment for Arbor Investments VI. Terms of the transaction were not disclosed. Acxion was previously a portfolio company of Prospect Hill Growth Partners.

Acxion was formed in February 2024 through the merger of KeyImpact Sales and Systems and Advantage Waypoint. The Company provides sales activation services as well as marketing, culinary, and data insight services to a diverse set of leading food, non-food, disposables, and janitorial-sanitation manufacturers.  

With more than 50 sales offices and culinary spaces across the United States and Canada, Acxion represents manufacturer and distributor brands to a broad and diversified range of foodservice end-channels including restaurants, K-12 education, military, non-commercial and convenience stores. In addition, the Company’s Marlin Connections and CSSI divisions deliver insights, marketing, communications, culinary, and content expertise. Through its key relationships with manufacturers, distributors and operators, Acxion plays a mission-critical role in the complex foodservice value chain. 

Founded in 1999 by Chairman and co-CEO Gregory Purcell, Arbor Investments is a specialized private equity firm focused exclusively on acquiring businesses in food, beverage and related industries. To date, the firm has acquired or invested in over 85 companies in North America. Arbor is headquartered in Palm Beach, Florida, with an office in Chicago