Frontenac has formed Navis Food Partners as a new holding company to consolidate its investments in the independent foodservice distribution industry. Boston-headquartered Navis Food, through Frontenac, made its first acquisition in August 2023 with the buy of City Line Distributors, a third-generation, family-owned specialty distributor headquartered in West Haven, Connecticut. The business operates in thirty […]
Archives for March 12, 2024
Pacific Avenue Carves Filtration Unit from Sogefi
Pacific Avenue has agreed to acquire Sogefi USA and Sogefi Filtration SA (together “Filtration Business Unit”) from Milan-based Sogefi. The Filtration Business Unit is a manufacturer of vehicle filtration components and systems used in the automotive aftermarket and by original equipment manufacturers. Product types include fuel, oil, air, diesel and cabin air filters used in […]
Leeds Equity Adds Investment Pro to Team
Leeds Equity has added Emily Bernstein to its investment team as a vice president. Leeds Equity invests in the education, training, and information services industries. In November 2021, the firm held a final and above hard cap close of Leeds Equity Partners VII LP with just over $1.4 billion of capital commitments. Ms. Bernstein joins […]