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Canteen Acquires Vendable Systems

The Mid South region of Canteen led by Tim Bailey has acquired Vendable Systems of Rock Hill, SC in a cash transaction.

Vendable Systems was founded in 1983 by Tom Bucher and Terry Durling. They are headquartered in Rock Hill, SC and have a second facility in Columbia SC. From those locations they provide vending and micro markets throughout the Charlotte and Columbia regions.

Canteen is leasing the Vendable Systems warehouse facility in Rock Hill and will operate a branch from that location. The employees of Vendable Systems will join Canteen in various roles.

I had the privilege of representing Tom and Terry in the transaction.

#vendingvaluation #vendingbusiness #businesssales #mergersandacquisitions #buyervendingbusiness #vendingbusinesssales

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