WinCo Foods operates over sixty-five discount grocery supermarkets in the western United States. The company is positioned as a high volume, discount alternative to traditional grocery retailers with stores ranging from 80,000 to 100,000 square feet. WinCo is primarily owned by an Employee Stock Ownership Plan (ESOP).
Endeavour was introduced to WinCo management as a potential equity partner to assist in the buyout of a strategic investor and finance continuing growth in the store network. In 2004, Endeavour acquired a minority interest in the company alongside the ESOP, which is the majority owner of WinCo.
During Endeavour's involvement, the company has continued its rapid growth, with the addition of two 1 million square foot distribution centers and several new stores openings each year.
www.wincofoods.com |
 |
Steven Goddard
CEO,
Winco Foods, LLC
"Endeavour has brought a 'fresh' perspective to our Board. Their approach is thoughtful and professional, and their experience in working with growing companies is apparent. We value our partnership with Endeavour and have been impressed with their flexibility as investors alongside our ESOP." |
|
