Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (2024)

Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (1)

The fatherand son duo of Robert and Jason Tillis have taken yet another step as they build one of the nation’s largest growing food packaging, paper products, foodservice disposables and janitorial supplies distribution companies in Imperial Bag and Paper. Under Robert and Jason’s leadership, the company has grown both organically and through acquisitions to become one of the foodservice disposables and janitorial supplies industry leaders.

The Tillis led Imperial Bag and Paper recently closed on the purchase of Miami-based Dade Paper. The new firm will be known as Imperial Dade. For the Jersey City based Imperial, the acquisition is the latest in a series of purchases.Since purchasing Imperial in 2007, the Tillis duo has engineered the purchases of ten distributors which began in 2009 with the acquisition of Borda Products. Among those additions included several well knownMetro New York distributors including Burke Supply in 2011 and Borax Paper in 2016.

“Together, our businesses will share best practices and provide a platform for future organic growth. The partnership with the Dade organization will significantly expand our reach into the Southeast and Mid-Atlantic markets, allowing us greater geographic coverage and ability to serve a broad customer base,” said Robert Tillis “The management teams are all staying in place and the goal is to take the best of each of the companies and put them together going forward,” Jason Tillis explained.

The Imperial Dade acquisition will greatly expand the firm’s footprint.

“This takes us from being really strong in the Northeast to strength throughout the East Coast and Puerto Rico. Our intention is to remain as nimble and as fast as ever to serve our customers,” Jason Tillis continued. The new Imperial Dade operation will now serve its customer base from 15 facilities plus numerous cross dock locations.

“This acquisition now gives us the ability toprovide next day delivery to the entire East Coast,” Jason Tillis added. “Our goal is tooffer thelargest inventory and most product expertise across all different verticals. We want to be agreat support and distribution partner to anyone who wants to grow their business.”

“The strategic decision to partner with Imperial will greatly benefit our customers and employees,” said Frank Sansone, COO of Dade Paper. “With Imperial we will soon be able to offer our customers a broader product offering and service across a wider footprint. The combined company’s culture and commitment to growth provide a great work environment and career advancement opportunities for our team throughout our combined footprint.”

Imperial Dade will now have the opportunity to bring their strong sustainable initiative to the entire East Coast. Both companies have sustainable programs in place and the goal is to encompass both initiatives under one with a program called GreenSafe. “It’s a fundamental part of how we go to market,” added Jason Tillis. “We want to offer our customers green solutions and programs when possible and we are fortunate enough to have talented individuals from both companies that are accredited and ready to lead our customers.”

Imperial Dade also continues to support its customer base with innovative technology.“Weview technology andour website asan extension of our customer’s experience and complimenting our sales force,” added the firm’s President.

Imperial was formed in 1935 and was purchased by the current CEO, Robert Tillis, and President, Jason Tillis, in 2007. Imperial headquartered in Jersey City, New Jersey, is one of the nation’s leading distributors of disposable food service and janitorial supplies for restaurants,supermarkets, schools, “grab-n-go” convenience stores and
retailers.

Founded in 1939, Dade distributes foodservice disposables and janitorial supplies to restaurants, supermarkets, cruise lines, hotels and motels, schools, convention centers, stadiums, and other foodservice establishments. Dade primarily services the Southeast and Mid-Atlantic markets reaching from Florida to Maryland with additional locations in the Tri-State and Northeast regions. Dade Paper is a leading distributor of foodservice disposables and janitorial supplies serving customers across more than twenty states with an emphasis on supermarkets, foodservice providers, cruise lines and schools.

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  • Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (33)

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  • Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (41)

  • Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (42)

  • Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (43)

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Imperial Bag And Paper Acquires Dade Paper To Create $1 Billion Enterprise (2024)

FAQs

Who owns Imperial Dade? ›

Advent International ("Advent") announced it has signed a definitive agreement to acquire a significant stake in Imperial Dade from Bain Capital Private Equity (“Bain Capital”). Bain Capital Private Equity, which first invested in Imperial Dade in 2019, and Advent will have joint Board governance.

What is the revenue of Imperial Dade? ›

Since 2019, Imperial Dade's revenue has increased from $2 billion to $5 billion as a result of organic growth and the acquisition of regional distributors expanding their geographic reach and customer service capabilities in North America.

Does Bain Capital own Imperial Dade? ›

Bain took a majority stake in Imperial Dade, which distributes food service packaging and janitorial supplies, in 2019. Early this month, Advent International said it had agreed to acquire a stake in the company from Bain.

How many locations does Imperial Dade have? ›

What We Do. Our team of expert consultants work directly with customers to solve problems, reduce costs, and improve operations. With over 70,000 products and a network of 130 locations, Imperial Dade delivers the supplies and equipment your business needs when you need it.

Who competes with Imperial Dade? ›

Wasserstrom, TriMark Hockenbergs, Hantover, Central Restaurant Products, and Edward Don & Company are some of the 8 competitors of Imperial Dade.

How many employees does Imperial Dade have? ›

We have more than 7,500 employees across North America, including highly experienced professionals and those just launching their careers.

What is the net revenue of the Imperial Brands? ›

According to the report, the global revenue of Imperial Brands amounted to approximately 32.5 billion British pounds in 2023.

What is the total revenue of Imperial Brands? ›

According to Imperial Brands 's latest financial reports the company's current revenue (TTM ) is $39.59 B. In 2023 the company made a revenue of $39.59 B an increase over the years 2022 revenue that were of $36.35 B.

What is Imperial Industries annual revenue? ›

Imperial Industries, Inc. Information
Websitehttp://www.imperialind.com
Revenue$67 million
Funding$2 million
Employees74 (66 on RocketReach)
Founded1981
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How much is Bain Capital worth? ›

Market cap: $1.07 Billion

As of June 2024 Bain Capital has a market cap of $1.07 Billion. This makes Bain Capital the world's 5052th most valuable company by market cap according to our data.

How prestigious is Bain Capital? ›

Bain Capital has a great reputation in the finance industry, and working there can help boost your career prospects.

Who is the CEO of Bain Capital? ›

John Connaughton | Bain Capital Private Equity.

Who is the chairman of Imperial Dade? ›

The transaction represents the 83rd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.

How many trucks does Imperial Dade have? ›

SUPPLY CHAIN EXCELLENCE

Our modern fleet of over 2000 trucks that deliver to over 90,000 customers coast to coast.

What does Imperial Dade deliver? ›

We can supply products in a wide variety of categories including, but not limited to, paper and sanitary maintenance, safety, packaging and shipping as well as janitorial and packaging equipment.

What is the revenue of Imperial Trading Company? ›

Imperial Trading's revenue is $193.8 million.

Imperial Trading peak revenue was $193.8M in 2023. Imperial Trading has 148 employees, and the revenue per employee ratio is $1,309,257.

What is the revenue of the Imperial Supplies? ›

The Imperial Supplies annual revenue was $441.6 million in 2024.

What is the revenue of the Freeman Corporation? ›

The Freeman Company LLC's revenue is $2.9 billion.

The Freeman Company LLC peak revenue was $2.9B in 2023.

What is the revenue of Paramount Building Solutions? ›

Paramount Building Solutions's revenue is $740.0 million.

Paramount Building Solutions peak revenue was $740.0M in 2023.

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