The University of South Florida announced today that Compass Group, a nationally recognized leader in food and facilities service management, has been selected as the university’s new dining and facility management partner spanning all on-campus and athletic venues.
The agreement is projected to be worth nearly $320 million in cost savings and additional revenue for USF over the next 15 years, including a signing bonus of $47 million, which will be used to support the university’s best place to work and best place to learn initiatives. The partnership will also result in efficiencies and advancements for the university that would not have been possible otherwise, as well as provide new internship and experiential learning opportunities for students.
“We look forward to welcoming Compass Group to the USF community. They bring deep experience and a strong record of quality service in higher education, campus facilities management and athletics,” USF President Rhea Law said. “We also want to thank Aramark for their partnership with USF. We will continue to foster a positive relationship with them through this transition, and we will work to ensure minimal disruption to operations and dedicated team members who will be offered opportunities to stay in their roles.”
The facilities management team will begin the transition process on Dec. 1, 2024, and will be part of an exciting vision for building upon the university’s existing custodial, grounds, maintenance and minor project management programs, while providing team members with additional opportunities for growth and development. Committed to creating flavorful, nutritious food that is prepared from scratch, using authentic ingredients, Compass Group dining will transition to campus in summer 2025.
All USF dining and all facilities team members will be given the opportunity to remain in their current roles with total compensation that is equal to or better than what they receive today. The Compass Group team is connecting with these team members in a variety of ways regarding opportunities to continue serving students, faculty and the entire university community.
“Compass Group is thrilled for the opportunity to partner with USF, continuing to support the vision, mission and values of the institution through exceptional dining service and facilities management,” said Dennis Hogan, CEO Compass Education and Foodbuy. “As an organization that prides itself on creating rewarding opportunities for our great people, we are particularly excited to work alongside the dedicated dining and facilities team members to share how they might become integral members of the Compass team.”