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Investor group led by Littlejohn & Co acquires Lipari Foods

An investor group led by private investment firm Littlejohn & Co (Littlejohn) has acquired Lipari Foods (Lipari), a specialty food distributor. The Lipari family, management, HIG Capital, and Sterling Investment Partners all remain minority investors in the Company. 

Terms of the transaction have not been disclosed.

Lipari specialises in “perimeter-of-the-store” specialty foods, primarily serving over 7,500 independent and specialty grocers, with a growing base of over 2,000 national supermarket, convenience store and other customers across the United States. Lipari offers over 25,000 products, spanning deli, bakery, foodservice, specialty grocery, dairy, frozen seafood and meats, international foods, confections, and packaging items through its expansive refrigerated distribution network.

Gibson, Dunn & Crutcher LLP served as legal counsel to Littlejohn. Piper Sandler and Harris Williams were financial advisors to Lipari Foods and McDermott Will & Emery LLP served as legal counsel to Lipari Foods and HIG Capital.

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