H.I.G. Capital has acquired Lipari Foods from Sterling Investment Partners. H.I.G. is partnering with the founding Lipari family and the current management team on this transaction. Lipari is a distributor of largely perishable perimeter-of-the-store, specialty, and branded food products. The company’s SKUs total more than 25,000 items and span the deli, bakery, dairy, specialty retail, seafood,…...
Archives for January 9, 2019
Goldner Hawn and Tonka Bay Exit Quest
Goldner Hawn and Tonka Bay Equity Partners have sold Quest Events to TZP Group. Goldner Hawn and Tonka Bay acquired Quest in partnership with the company’s management team in June 2015 from PVB Capital, Gemini Investors, and Harbert Mezzanine Partners. Quest Events is a provider of rental, distribution, and logistics services for pipe and drape;…...
Shorehill Acquires Functional Devices
Shorehill Capital has acquired Functional Devices in partnership with the company’s senior management team and its owner Ken Rittmann. Functional Devices is a manufacturer of relays, power supplies, transformers, sensors, enclosures and wireless devices that are used in the HVAC, building and lighting controls, and energy management industries. Company-owned brand names include RIB, one of…...
Pfingsten Keeps Building ZSi-Foster
ZSi-Foster, a manufacturer and supplier of clamping, coupling and strut products and a portfolio company of Pfingsten Partners, has acquired Florida Strut from its owner David Fisher. Florida Strut is a manufacturer of metal strut channels and a distributor of fittings, pipe clamps, utility brackets and other products used in a range of electrical and…...
