Asset Manager

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Performance Food Group

Performance Food Group is a broadline distributor made up of three divisions – each one committed to customer success.

Performance Food Group

Performance Food Group is a broadline distributor made up of three divisions – each one committed to customer success. Our 14,000 associates work in 76 locations to provide dedicated service and value to our clients across the country.

General information

Firm type

Asset Manager

Year founded

1885

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Richmond

Corporate office

Richmond, VA, United States

Principals

Patrick Hatcher

Leadership Team

Brent King

Leadership Team

Scott McPherson

Leadership Team

Erika Davis

Leadership Team

Don Bulmer

Leadership Team

Sector focus

Food & BeverageLogistics & DistributionConvenience Retail

Frequently asked questions

What are PFG’s three operating segments?

PFG operates through Foodservice (independent and chain restaurants), Vistar (vending, concessions, and micro-market fulfillment), and Convenience (c-stores and retail). Each segment maintains its own brand lineup and go-to-market strategy, but benefits from shared procurement and logistics infrastructure. This structure covers nearly every corner of the away-from-home food market.

How does PFG generate revenue?

PFG generates revenue by distributing more than 300,000 food and food-related products to over 300,000 customer locations. The firm earns margins on the products it sells and the delivery services it provides, relying on a private fleet that logs more than 2.7 billion ton-miles per year. It also develops proprietary brands like Contigo to capture additional margin.

Is Performance Food Group a single family office or an operating company?

PFG is a publicly traded operating company, not a family office. Its origins trace back to a single entrepreneur in 1885, but the modern entity was formed in 1987 through the consolidation of independent distributors. The firm today is a large-scale foodservice distributor with no disclosed family-office structure.

What is PFG’s relationship with Feeding America?

PFG is a corporate sponsor of Feeding America, the nation’s largest domestic hunger-relief organization. The firm donates more than one million pounds of food annually, and its associates volunteer at local food banks. These efforts are separate from the commercial distribution business.

What proprietary brands does PFG own?

PFG’s in-house brand portfolio includes Contigo, described by the firm as one of foodservice's fastest-growing brands. Products are developed using PFG’s own specifications and quality guidelines, working directly with suppliers. The firm also operates additional private-label lines across its three segments.

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