H.I.G. Acquires Lipari Foods from Sterling

H.I.G. Acquires Lipari Foods from Sterling

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, […]

RLJ and SJ Add to Native Maine

RLJ and SJ Add to Native Maine

Native Maine Produce & Specialty Foods, a portfolio company of RLJ Equity Partners and SJ Partners since January 2017, has acquired the wholesale operations of Golden Harvest, one of Southern Maine’s leading retail produce markets. Native Maine is one of the largest independent fresh foodservice distributors in Maine. The company distributes more than 3,000 products, […]

Castle Harlan Adds to Gold Star Foods

Castle Harlan Adds to Gold Star Foods

Gold Star Foods, a portfolio company of Castle Harlan, has acquired A&R Wholesale Distributors. This is the third add-on acquisition made by Gold Star under Castle Harlan’s ownership. Castle Harlan acquired Gold Star, a food distributor to K-12 schools, from Prospect Partners in April 2014. Prospect Partners acquired Gold Star in October 2007. A&R Wholesale […]

RLJ and SJ Club Up for Native Maine

RLJ and SJ Club Up for Native Maine

RLJ Equity Partners and SJ Partners have acquired Native Maine Produce and Specialty Foods, Maine’s largest fresh foodservice distributor. Native Maine Produce & Specialty Foods provides its foodservice customers with more than 3,000 products including fruits and vegetables, dairy, cheese, meats, and seafood. The company is based in Westbrook, ME (www.nativeme.com). “We are thrilled to […]

Platinum Carves Out JM Swank

Platinum Carves Out JM Swank

Platinum Equity has agreed to acquire JM Swank, a food ingredient sourcing and distribution business of ConAgra Foods. JM Swank sources and distributes more than 3,000 ingredients including grains; beans and breading; cocoa, chips, and nuts; sweeteners; dairy and eggs; flavors, sauces, broths and vinegars; fruit and vegetables; and spices, seasonings and seeds. The company […]

Encore Consumer Capital Sells FreshKO

Encore Consumer Capital Sells FreshKO

Encore Consumer Capital has completed the sale of its portfolio company, FreshKO Produce Services – a distributor of fresh produce – to C&S Wholesale Grocers. FreshKO is a distributor of fresh produce and produce-related items to independent retailers and small grocery chains in Central and Northern California.  The company was founded by its CEO Randal […]

Castle Harlan Acquires Gold Star from Prospect

Castle Harlan Acquires Gold Star from Prospect

Castle Harlan has acquired Gold Star Foods, a food distributor to K-12 schools and a portfolio company of Prospect Partners.  Castle Harlan invested in Gold Star through its fifth fund, Castle Harlan Partners V.  Prospect Partners acquired Gold Star in October 2007. “Gold Star is a proven leader in the stable and moderately growing school […]