Steve Garvick and Dale Spahr, owners of G&S Foods/Tastysnack Quality Foods, Inc., working with Maryland-based SC&H Capital, have sold the company to MAW Acquisitions LP, a Mike Warehime family company. While the deal affects the company’s ownership, the existing infrastructure will remain unchanged – retaining the management and sales teams, customer key contacts and the company name (consolidated as G&S Foods, LLC).
“We were only interested in selling the business if we could find the absolute best fit for our employees, our customers and our community. Tricia Warehime offered that opportunity through her family owner/operator experience with Snyder’s of Hanover, her shared knowledge and passion for the snack food industry, and her commitment to continued investment in our community,” according to Steve Garvick.
“Our family had just exited a snack food business in the community and wanted to put our knowledge back to work again locally. We’ve known Steve and Dale personally and professionally for years and are looking forward to sharing our experience and networks to build, enhance and further expand this solid, well-managed company while ensuring quality, customer service and efficiency remain the hallmarks,” says Tricia Warehime.
To assist the company in growth strategy development, Tricia Warehime has established an industry-rich Board of Managers:
- Tom Dempsey, most recently CEO/Snack Food Association and formerly president/Utz Quality Foods, Inc.
- Ed Good, formerly Divisional President/Snyder’s Lance and CFO, Snyder’s of Hanover
- Peter Michaud, formerly Divisional President/Snyder’s Lance
- Dan Morgan, president and chief sales officer/BFY and formerly chief sales officer/Snyder’s Lance