Consortium Led by Midwest Growth Partners and Farragut Invests in Catalina Finer Foods

Gemini Investors Invests in Saval Foods and Catalina Finer Foods

April 19, 2022

Food & Beverage

Gemini Investors completed platform investments in two food companies: Saval Foods (a regional broadline foodservice distributor and deli meats processor) and Catalina Finer Foods (a Tampa-based manufacturer of Cuban and Hispanic frozen foods). The transactions create platform positions for Gemini to expand capabilities across foodservice distribution, deli meat processing, and ethnic frozen retail products in key U.S. markets.

Catalina Finer Foods Acquires Saugatuck Kitchens

November 9, 2023

Food & Beverage

Catalina Finer Foods, an MGP portfolio company, completed the acquisition of Saugatuck Kitchens on November 9, 2023. The deal expands Catalina's frozen hors d'oeuvres and prepared-food portfolio and broadens its customer reach across foodservice and retail grocery channels.

Farragut Capital Partners and Promise Holdings Recapitalize Malley's Candies

February 14, 2023

Food & Beverage

Farragut Capital Partners provided subordinated debt and preferred equity to support a recapitalization of Malley's Candies led by Promise Holdings, with co-investment from Charter Growth Capital and a group of local Cleveland investors. The transaction preserves family management—CEO Mike Malley and his siblings remain with the business—and will support the long-running Cleveland confectioner and its retail footprint.

Hemingway Capital Leads Recapitalization of GTA Containers; Parkway Capital and Farragut Invest

March 15, 2022

Manufacturing

Hemingway Capital led a recapitalization of GTA Containers, LLC, partnering with the company's senior management. Parkway Capital and Farragut Capital Partners each provided subordinated debt and equity to support the transaction and to back GTA's growth and product expansion initiatives.

MSouth Equity Partners Acquires Catalyst

March 4, 2019

Manufacturing

MSouth Equity Partners, an Atlanta-based private equity firm, has completed the acquisition of Catalyst, a contract manufacturer of dietary and nutrition supplements headquartered in Alpharetta, Georgia. MSouth partnered with Catalyst's co-founders to support the company's next phase of growth and expand its capabilities in custom formulation, flavoring and contract manufacturing for sports nutrition, herbal and vitamin brands.

Taglich Private Equity Acquires Fiesta Canning Company

June 1, 2022

Food & Beverage

Taglich Private Equity completed the acquisition of Fiesta Canning Company, a McNeal, Arizona-based processor of green chiles, salsas and sauces. Farragut Capital Partners provided subordinated debt and equity to support the transaction, which represented a family-owner exit and positions the company for growth under new PE ownership.