• How Dining Trends Impact Tabletop Specification

  • New Leadership Seeks Turnaround for Pie Five Pizza Co.

  • 2017 Beverage Series: The Nitro Immersion

Blog Network

Joe Carbonara

Double Dose of Disruption

Business leaders often look over their shoulders trying to find the next disruptive player or event that will shake up their organizations. Well, in a matter of weeks spanning August to the beginning of September, the foodservice industry got a double dose of disruption.


Juan Martinez

Electronic Ordering Insights

Kiosk ordering seems all the rage in today’s foodservice industry. While the process seems simple and intuitive for many consumers, implementation is another story. 


Jerry Stiegler

Retail Sales Up, Panda Restaurant Group Invests in Urbane Cafe, Pizza Hut Develops New Oven-Hot Delivery System, and More

Total retail sales rose in September, as did restaurant sales, per the U.S. Census Bureau. Pizza Hut has developed an improved pouch for delivery orders. Urbane Cafe has received a strategic investment from the founders of the Panda Restaurant Group. These stories and a whole lot more This Week in Foodservice.



Private Equity Firm Buys Buffalo Hotel Supply

Private-equity firm Lorraine Capital has acquired 100 percent of the stock in Buffalo Hotel Supply, an Amherst, N.Y.-based foodservice equipment and supplies dealership. Terms of the deal were not disclosed. 

“We are healthy and financially strong, so this was the best of all worlds for us,” said James Bedard, president of Buffalo Hotel Supply. “Our 76-year-old family business will partner with Lorraine Capital, whose majority shareholders include a venerable fourth-generation family business, the Gioia family. It is business as usual. They are keeping the name and looking to grow the company. The Lorraine partners have many contacts in the foodservice business and they plan to inject the necessary capital to keep growing BHS.”

All of Buffalo Hotel Supply’s employees, including the current management team, will remain with the company. In addition, James Bedard will continue in his role as president of Buffalo Hotel Supply and Ginger Bedard remains a vice president of the company, overseeing its Rochester, N.Y., operation. “One reason they bought the company was due to its brand and reputation. And they were very impressed with the employees and their longevity,” James Bedard said.

For its 2013 fiscal year, Buffalo Hotel Supply reported sales of $24.55 million, making it the nation’s 56th largest foodservice equipment and supplies dealer, according to FE&S’ 2014 Distribution Giants Study.

This deal marks Lorraine Capital’s initial foray into the foodservice industry, Bedard added.

Related Articles

DOY Gala Winners

Dealer of the Year Winners