Kingswood Capital Management Acquires The Save Mart Companies

The Jim Pattison Group Acquires Save Mart Companies

June 27, 2024

Retail

The Jim Pattison Group has acquired Save Mart Cos., the Modesto, California-based operator of nearly 200 supermarkets (Save Mart, Lucky California, FoodMaxx and Maxx Value), from private equity firm Kingswood Capital Management. Save Mart will remain headquartered in Modesto with Executive Chairman Shane Sampson and the current management team staying in place; the deal includes Yosemite Wholesale and Save Mart office divisions. Financial terms were not disclosed.

SpartanNash Acquires Shop-N-Save Food Centers

June 14, 2022

Retail

SpartanNash has acquired Shop-N-Save Food Centers, a three-store grocery chain in northwestern Michigan, converting the Benzonia, Fremont and Ludington locations to its Family Fare banner and retaining employment for all associates. Shop-N-Save, founded by William "Bill" DeVries and a SpartanNash distribution customer for nearly 25 years, will expand SpartanNash's Family Fare footprint across the Midwest.

Kingswood Capital Management and Performance Investment Partners Acquire The Vitamin Shoppe from Franchise Group

May 20, 2025

Retail

Kingswood Capital Management and Performance Investment Partners have completed the acquisition of The Vitamin Shoppe from Franchise Group, Inc. The deal returns Sharon Leite as CEO and positions the company for growth through brand-building, enhanced e-commerce and digital marketing capabilities, and private-brand innovation across its omnichannel retail footprint.

Kingswood Capital Management Acquires MEC

October 30, 2020

Retail

Kingswood Capital Management, LP completed the acquisition of substantially all assets of MEC (Mountain Equipment Co-op) through Canada’s Companies' Creditors Arrangement Act. Kingswood said it will preserve most stores and staff, invest in MEC's retail and online experiences, and lead the business from a Vancouver headquarters under CEO Eric Claus.

Emart Acquires Good Food Holdings

December 7, 2018

Retail

Emart, South Korea's largest retailer, has acquired Good Food Holdings, the California-based owner of upscale grocery chains Bristol Farms, Lazy Acres Market, and Metropolitan Market, for $275 million. The purchase gives Emart a foothold in the U.S. grocery market while Good Food Holdings' operations and management are expected to remain unchanged in the near term.

Mars, Incorporated Acquires Kevin's Natural Foods

July 5, 2023

Food & Beverage

Mars, Incorporated has signed an agreement to acquire Kevin's Natural Foods, a Modesto-based maker of chef-inspired sous-vide nutritious meals. Kevin's will operate as a standalone business within Mars Food & Nutrition; the deal includes the exit of minority investors TowerBrook Capital Partners and NewRoad Capital Partners and is expected to accelerate Kevin's product innovation and distribution reach.