Compass buys Southeast Service Corp for £45m

COMPASS Group yesterday continued its acquisitive streak, snapping up Southeast Service Corporation (SSC) in the US.

The global catering firm will hand over £45m for SSC, a “soft service” support firm for business and education with a turnover of £106m.

Compass chief executive Richard Cousins said: “Building on the success of our significant education food-service business, this acquisition enables us to extend the range of services we provide in this important sector.

“In addition to this it further strengthens our business and industry soft support service offer in North America.”

SSC has been acquired by Compass Group North America through its operating company, Crothall Services Group.

SSC has over 6,500 employees providing services to schools and colleges, plus commercial clients.