Audax Private Equity has purchased Accent Food Services from Silver Oak Services Partners LLC. Financial terms of the deal were undisclosed.
Accent Food Services, based in Austin, Texas, is an independent distributor of “fresh” food, snacks, and breakroom refreshment services throughout Texas. The target services vending machines, mini-markets and coffee shops, web ordering, and will soon offer catering services. From Reese’s and Snickers to other name brand candies, Accent Food also offers a “swap this” option for clients who prefer healthier food choices. Since Silver Oak’s original investment in Accent Food, the target has completed 16 add-on acquisitions, grew its technology capabilities, launched a new micro-market service, and also entered three new Texas regions.