Industry News | May 14, 2007

Team Four Foodservice and Value 4 Partner

Team Four Foodservice and Value 4 jointly announced that the organizations had reached an exclusive Partnership Agreement that will allow Team Four's thousands of clients the opportunity to participate in the Value 4 portfolio of health & business insurance, human resource solutions, marketing and general business consulting and exclusive member services.

Value 4 will dedicate its sales team and supplier network to working with Team Four's business development team to introduce programs and services that can provide operational and cost saving efficiencies to Team Four's client base.

"Value 4 is a perfect fit for our clients and our organization. Value 4 has over a century of experience in insurance, risk management, human resources and client services; their in-house knowledge, coupled with their established supplier relationships will serve to assist our clients in ways never before seen in the foodservice industry", said Team Four Senior Vice- President Russell J. Cipolla.

"The commercial foodservice arena presents exciting growth opportunities for Value 4 and our partnership with Team Four will bring services, efficiencies and cost savings to a segment of the U.S. economy that has previously been ignored by certain providers as they focused on the much bigger chain restaurant companies", said Christopher Richardson, Principal of Value 4.

Team Four Foodservice is one of the country's largest foodservice Group Purchasing Organizations and specializes in providing commercial foodservice operations like restaurants, hotels, stadiums, and entertainment venues with complete supply chain solutions. Team Four's portfolio of services includes food, paper, cleaning supplies and restaurant equipment.

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