Announced
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Synopsis
Littlejohn, a private investment firm, completed the acquisition of Lipari Foods, a specialty food distributor, from HIG Capital and Sterling Investment Partners, private equity firms. Financial terms were not disclosed. “Lipari builds upon Littlejohn’s deep expertise investing in value-added distribution platforms. We have long admired Lipari and have been impressed with the Company’s highly differentiated business model, tenured management team, and impressive track record of growth and operational excellence. We are excited to partner with Thom Lipari and the rest of the management team to support Lipari’s next phase of growth," Tony Miranda, Littlejohn Managing Director.
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