# Morgan Street Holdings

> Morgan Street Holdings is the Chicago-based private owner behind HAVI Supply Chain, tms, Stanley 1913 and Continental Services. Evolved from a distribution business founded in 1974 and launched as a dedicated investment arm in 2023, it buys established companies with at least $25 million in EBITDA and supports them with patient capital, low leverage and shared operating capabilities rather than a preset exit clock.

- **Founded:** 1974
- **Headquarters:** Chicago, United States
- **Founders:** Ted Perlman (Co-founder of predecessor Perlman Rocque Distribution), Bob Rocque (Co-founder of predecessor Perlman Rocque Distribution)
- **Team size:** Approximately 89 direct employees listed on LinkedIn; more than 10,000 people across operating companies.
- **Products:** HAVI Supply Chain, tms, Stanley 1913, Continental Services, Long-term investment partnership
- **Notable:** Built a 50-year operating history from a Chicago-area restaurant distribution business., Portfolio companies employ more than 10,000 people in more than 50 countries., Portfolio reports serving more than 300 customer brands.

## Products & services

- **HAVI Supply Chain** — Supply-chain management, logistics and distribution for restaurant brands, with McDonald’s as its foundational global relationship.
- **tms** — Technology, marketing, sourcing, promotions, loyalty, packaging and digital customer-engagement services for global brands.
- **Stanley 1913** — Reusable insulated drinkware, food containers, coolers and related consumer products owned through PMI WW Brands.
- **Continental Services** — Technology-enabled workplace dining, vending, micro-markets, coffee, pantry, catering and event services.
- **Long-term investment partnership** — Permanent or long-duration ownership, growth capital and shared capabilities for established companies with strong leadership teams.

## Achievements

- Built a 50-year operating history from a Chicago-area restaurant distribution business.
- Portfolio companies employ more than 10,000 people in more than 50 countries.
- Portfolio reports serving more than 300 customer brands.
- Acquired PMI Worldwide in 2021, adding Stanley 1913 and global merchandising capabilities.
- Launched Morgan Street Holdings as HAVI’s dedicated investment arm in 2023.
- Completed the acquisition of Continental Services in 2024 as Morgan Street’s first disclosed acquisition.
- Reorganized HAVI Global Services under the Morgan Street Holdings name in 2025 while retaining HAVI for the supply-chain business.

## Latest updates

- **2025** — HAVI Global Services became Morgan Street Holdings, while HAVI remained the name of the supply-chain operating company.
- **2025** — Morgan Street added Eric Essary as Chief Financial Officer, bringing holding-company, investment and operating finance experience.
- **2025** — Carolyn Jungers and Ian Wall were promoted to Senior Associate on the investment team.
- **2024-11** — Morgan Street completed its acquisition of Continental Services from New Heritage Capital; financial terms were not disclosed.

## Links

- Website: https://morganstreet.com
- LinkedIn: https://www.linkedin.com/company/morgan-street

---

Profile page: https://yespress.io/morgan-street-holdings
Published by YesPress — https://yespress.io
Last updated: 2026-08-15
