
Five Star Food Service
A Chattanooga, Tenn-based food and beverage service for employers.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |




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In 1993, Five Star Food Service was founded in Chattanooga, Tennessee, as a company focused on acquiring other businesses. A pivotal moment arrived in 2008 when the company restructured to become the largest franchise of Canteen, a subsidiary of Compass Group USA. This strategic move established the foundation for its significant presence across the Southeast. Another game-changer came in 2011 with the early adoption of micro markets, self-service retail spaces in workplaces, which revolutionized the vending industry and positioned Five Star as a leader. The company's growth has been consistently fueled by a strong strategy of acquiring other businesses. This approach has allowed Five Star to expand its service area and increase density within its existing operational zones. A significant event in the company's timeline occurred in March 2019, when the private equity firm Freeman Spogli & Co. acquired a majority interest in Five Star Food Service. This partnership was intended to support the company's next phase of growth, building on its established leadership in unattended food and beverage solutions. Today, under the leadership of President and CEO Richard Kennedy, the company continues to expand its reach through strategic acquisitions.
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