H.I.G. Capital-backed Lipari Foods completed the acquisition of Tut’s International.

H.I.G. Capital-backed Lipari Foods, a regional full-line deli, bakery, packaging, and grocery distributor, completed the acquisition of Tut’s International, a food wholesaler. Financial terms were not disclosed. "We are pleased to have supported Lipari’s acquisition of Tut’s International. This investment fits squarely in our strategy of acquiring unique and complementary food distribution businesses in existing and adjacent markets with significant value creation opportunities," Justin Reyna, H.I.G. Managing Director.