FOR IMMEDIATE RELEASE
Sept 17, 2025
Arbor Investments Announces Acquisition of Acxion Foodservice
PALM BEACH, Fla. — Arbor Investments (“Arbor”), a specialized private equity firm focused on acquiring companies in food, beverage and related industries, today announced the acquisition of Acxion Foodservice, Inc. (“Acxion” or the “Company”) from Prospect Hill Growth Partners. Acxion (pronounced “action”) is one of the largest independent sales and marketing platforms dedicated to the North American foodservice channel. The transaction marks the second platform investment for Arbor Investments VI. Terms of the transaction were not disclosed.
Acxion was formed in February 2024 through the merger of KeyImpact Sales and Systems and Advantage Waypoint. The Company provides sales activation services as well as marketing, culinary, and data insight services to a diverse set of leading food, non-food, disposables, and janitorial-sanitation manufacturers.
With more than 50 sales offices and culinary spaces across the United States and Canada, Acxion represents manufacturer and distributor brands to a broad and diversified range of foodservice end-channels including restaurants, K-12 education, military, non-commercial and convenience stores. In addition, the Company’s Marlin Connections and CSSI divisions deliver insights, marketing, communications, culinary, and content expertise. Through its key relationships with manufacturers, distributors and operators, Acxion plays a mission-critical role in the complex foodservice value chain.
“As prolific investors in the food and beverage industry, we understand the highly fragmented foodservice segment and were attracted to Acxion’s differentiated value proposition,” said Arbor Senior Operating Partner Tim Fallon. “The Company’s army of best-in-class sales leaders, combined with its full suite of marketing, culinary, and insight services, is a game-changer for manufacturers looking to reach foodservice operators and drive volume growth in a cost-effective manner. We are incredibly excited to bring Acxion into the Arbor portfolio and see immediate opportunities to leverage our resources and connections to further penetrate the broader foodservice and hospitality landscape.”
Acxion CEO Dan Dougherty will remain President and CEO, and the senior leadership team will continue in their operating roles.
“Throughout the process, it was clear Arbor was a great fit for Acxion,” said Dougherty. “Their deep understanding of our industry and shared vision for growth, combined with the dedication of our talented team, positions us to continue to deliver exceptional value to our clients. With this new partnership, our teams are even more energized and empowered to continue driving success for our clients and partners.”
“Acxion has been at the forefront of innovation in the foodservice agency space through several strategic acquisitions and the empowerment of its people,” added Arbor Partner Josh Schoenfelder. “Dan and the Acxion leadership team have built a formidable organization that is well-positioned to deliver best-in-class service to clients through comprehensive geographic and channel coverage, alongside new service offerings. We look forward to continuing to build and invest in the organization both organically and through new partnerships.”
Winston & Strawn LLP served as Arbor’s legal counsel in connection with the transaction. CG Sawaya Partners served as the financial advisor to Acxion and McDermott Will & Schulte served as legal counsel to Prospect Hill Growth Partners.
About Acxion Foodservice
Acxion Foodservice is one of North America’s leading away-from-home food solutions agencies with expertise in sales, marketing, culinary, insights & analytics. Powered by unmatched intelligence and proprietary data platforms, Acxion connects manufacturers, suppliers, distributors, and operators across the entire foodservice ecosystem, delivering end-to-end strategies and execution that drive demand, accelerate growth, and create lasting success. www.acxion.com
About Arbor Investments
Founded in 1999 by Chairman and co-CEO Gregory Purcell, Arbor Investments is a specialized private equity firm focused exclusively on acquiring businesses in food, beverage and related industries. To date, the firm has acquired or invested in over 85 companies in North America. Arbor is headquartered in Palm Beach, Florida, with an office in Chicago. www.arborpic.com