What is Performance Food Group?
Performance Food Group Company, headquartered in Richmond, Virginia, is a prominent food service distributor with a rich heritage originating in 1885. Operating through its distinct segments—Performance Foodservice, Vistar, and PFG Customized Distribution—the company serves a diverse clientele. This includes national and independent restaurants, quick-service establishments, pizzerias, educational institutions, healthcare facilities, and hospitality venues across the United States. Performance Food Group is actively developing its in-house analytics capabilities and utilizes a hybrid cloud model, integrating multiple Software as a Service (SaaS) providers to optimize its operations and data management.
How much funding has Performance Food Group raised?
Performance Food Group has raised a total of $275.5M across 1 funding round:
Stock Offering
$275.5M
Stock Issuance/Offering (2015): $275.5M, investors not publicly disclosed
What's next for Performance Food Group?
The substantial enterprise-level funding context suggests Performance Food Group is in a mature growth phase, potentially focusing on strategic acquisitions, technological advancements, or expanding its distribution network. The company's emphasis on building internal analytics capabilities, coupled with its hybrid cloud infrastructure, indicates a forward-looking approach to leveraging data for operational efficiency and competitive advantage. Future investments are likely to be directed towards enhancing supply chain logistics, digital transformation initiatives, and potentially broadening its product portfolio to meet evolving market demands.
See full Performance Food Group company page
