Blue Point Capital Acquires Water Lilies Food
August 31, 2022
Blue Point Capital Partners has acquired Water Lilies Food, LLC, a Bay Shore, New York-based manufacturer and distributor of premium frozen Asian-inspired cuisine, in a transaction with sellers including AUA Private Equity Partners; Water Lilies CEO Peter Lee is retaining a significant ownership stake. Blue Point will partner with the Water Lilies management team and deploy its food-and-beverage operating resources (including appointed operating executives) to support growth, capability expansion and add-on acquisition efforts.
- Buyers
- Blue Point Capital Partners, Peter Lee
- Targets
- Water Lilies Food, LLC
- Sellers
- AUA Private Equity Partners, Lee family / Peter Lee (partial rollover)
- Industry
- Food & Beverage
- Location
- New York, United States
- Transaction Type
- Buyout
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