Trusthouse Services Group

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Ranking #17

The above listed volume will grow about 75% following Trusthouse's merger deal with A'viands (#24 below), which was announced just after the end of Trusthouse's 2011 fiscal year in July. It will also expand the company's reach into 10 additional states. The two companies are listed separately here because they operated independently for the past year.

Trusthouse itself was formed through the 2008 acquisitions of three formerly independent foodservice management companies and is headed by former Compass Group CEO Michael Bailey. The firm concentrates on the institutional market, believing that segments like healthcare, education and corrections (which will receive a major boost with the A'viands deal) provide more stability than market-dependent ones like B&I and recreation.

The year also saw a major management change as Wayne Burke, longtime CEO of the Aladdin division, has moved up to chairman, replaced by former Sodexo executive Tom Cusimano.

On the culinary front, Trusthouse has introduced several street food concepts into its education business, encompassing Mediterrranian, Mexican and Indian cuisines that highlight the company's focus on exhibition cooking.

GENERAL INFORMATION

Headquaters
CHARLOTTE, NC

Websites
www.trusthouseservices.com

Major Segments Served:
Senior Dining (44%), College/University (32%), K-12 (20%), Transportation (2%), B&I (1%), Corrections (1%)

No. of Contracts
2011: 208
2010: 210

Sales Volume
2011: $124
2010: $118

Onsite Leaders

  • Innovators

  • Top 50

  • Best Concepts

  • Silver Plate

 

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