US Foods Holding Corp. (NYSE:USFD) agreed to acquire Institutional Wholesale Company, Inc. on February 15, 2024. The transaction subject to pending regulatory approval and the transaction expected to close second quarter of 2024.

Baker, Donelson, Bearman, Caldwell & Berkowitz, PC acted as legal advisor and Robert Ullman and Michael Reister of Dinan & Company, LLC acted as financial advisor to Institutional Wholesale Company, Inc.