US Foods’ $1.8 Billion Acquisition of SGA Food Group

On July 30, 2018, US Foods Holding Corp. (“US Foods”) and Services Group of America announced that they have entered into a definitive agreement under which US Foods will acquire five operating companies of Services Group of America, collectively known as SGA's Food Group of Companies, for $1.8 billion in cash. Cravath is representing US Foods in connection with the transaction.

The Cravath team is led by partner Robert I. Townsend III and includes associates C. Daniel Haaren, Kathryn-Ann Stamm, Quinn Wetherall and Saagar Kaul on M&A matters; partners Michael S. Goldman and Joseph D. Zavaglia and associates Isaac C. Beerman and Jieun Lim on financing matters; partner Andrew W. Needham and associates Richard Bohm and Leon B. Dalezman on tax matters; partner Jonathan J. Katz and associates Matthew J. Bobby and Alison E. Beskin on executive compensation and benefits matters; partners Christine A. Varney and Margaret Segall D'Amico on antitrust matters; partner Matthew Morreale on environmental matters; practice area attorneys Brian M. Budnick and Laurel R. Berkowitz on real estate matters; and associate Miling Y. Harrington on intellectual property matters. Summer associates Karan Zoria and Tammuz Huberman also worked on M&A and antitrust matters, respectively.