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.
H.I.G. Capital acquires company