HIG Capital acquired Lipari Foods from Sterling Investment Partners.

HIG Capital acquired Lipari Foods, a leading distributor of perimeter-of-the-store, specialty, and branded food products, from Sterling Investment Partners. Financial terms were not disclosed. Thom Lipari, President and CEO of Lipari, commented, “We are very excited about partnering with H.I.G. to support Lipari’s strategic growth plan. The Company continues to have numerous opportunities to expand and H.I.G.’s experience and resources, particularly around M&A, will help us continue our successful growth trajectory. We remain committed to providing outstanding service to our longstanding, blue-chip customers.”