Closed transaction

Sale of food brokerage company

Advised by
Client
Counterparty
Cruise Marketing
Deal stage
Closed transaction
Service
Sell
Sector
Business Services
Sub-sector
Other Business Services
Market
Americas
Contact
kyle@bccadvisers.com

Deal details

Hockenberg Newburgh is a food brokerage company headquartered in Urbandale, IA. With primary markets in Iowa and Minnesota it serves a fourteen-state region in the West and Midwest, offering bakery, deli, grocery, and other retail brokerage departments. Hockenberg maintains strong, longstanding client relationships developed over its more than 90 years of operation.  The company was acquired by Cruise Marketing, a food brokerage company operating in the same and adjacent markets.  The combination expands the reach of Cruise across its key markets.

Kyle Larson RoleVice President FirmBCC Advisers Kyle joined BCC Advisers’ investment banking team in 2014 and is a shareholder of the firm. View profile

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