Seviroli Foods, a portfolio company of Mill Point Capital, has acquired Mama Rosie’s Company.
Mama Rosie’s is a second-generation family-owned manufacturer of filled and non-filled frozen pasta products sold through the grocery/retail channel in the Northeastern United States. The company, led by CEO Nick Sardo, is headquartered in the Greater Boston area with facilities in Charlestown, Massachusetts, and Woburn, Massachusetts.
Mill Point acquired Seviroli Foods and its sister company Vertullo Imports in December 2022. Seviroli’s products include ravioli, tortellini, stuffed shells, manicotti, short cut pastas, sauces, and Italian desserts that are sold to the foodservice, club and grocery, and other retail channels.
Seviroli – headquartered on Long Island in Garden City, New York – operates three manufacturing facilities in the New York metro area and has the capability to serve customers nationally.
Seviroli also imports specialty food products under its Vertullo brand, importing over 150 items from 19 countries, including pasta, rice, sauces, oils, truffles, and other fresh and frozen goods. Vertullo supplies products to Seviroli as well as third-party foodservice, retail and e-commerce trade customers. Seviroli was founded in 1960 and is led by president and CEO Paul Vertullo.
“Nick and his management team have achieved excellent growth at Mama Rosie’s while staying true to the company’s core focus of manufacturing high-quality pasta and maintaining outstanding customer service,” said Mr. Vertullo. “Our combination with Mama Rosie’s is exciting and allows us to reinforce our commitment to delivering superior products and services to our customers and exciting ideas for this category.”
“Nick and the Mama Rosie’s team have done a fantastic job in establishing the company as a leading brand in its markets,” said Aileen Wang, a vice president at Mill Point. “The Seviroli and Mama Rosie’s teams are eager to unlock the new growth opportunities available to the combined company.”
New York City-based Mill Point makes control-oriented investments in North America-based lower middle-market industrial, business services, and IT services companies. Mill Point closed its second fund, Mill Point Capital Partners II LP, at its hard cap of $886 million in February 2021. The firm’s inaugural institutional fund, Mill Point Capital Partners LP, closed at its hard cap of $450 million in May 2018.
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