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Lipari Foods sold

H.I.G. Capital acquires company

H.I.G. Capital, a global private equity investment firm, has announced one of its affiliates has acquired from Sterling Investment Partners, and other shareholders, their interests in Lipari Foods Operating Company, LLC, a distributor of perimeter-of-the-store, specialty and branded food products that generates approximately $1 billion annual net sales. The Lipari family and the current management team will remain with the company.

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