Industrial Opportunity Partners Recapitalizes Charcuterie Artisans
September 9, 2025
Industrial Opportunity Partners (IOP) led a recapitalization of Charcuterie Artisans, the parent of Creminelli Fine Meats and Del Duca, acquiring the company’s assets and assuming majority ownership alongside capital partners Oaktree Capital Management, Sandton Capital Partners and Contrarian Capital Management. The transaction eliminated approximately $200 million of debt, secured a new working capital facility from PNC Business Credit, and positions Charcuterie to expand capabilities, strengthen customer partnerships and invest in growth across its premium charcuterie portfolio. Jeff "Trip" Tripician was appointed CEO to lead the company’s next phase.
- Buyers
- Industrial Opportunity Partners, Oaktree Capital Management, L.P., Sandton Capital Partners, LP, Contrarian Capital Management, L.L.C.
- Targets
- Charcuterie Artisans
- Industry
- Food & Beverage
- Location
- Rhode Island, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Charcuterie Artisans Acquires La Quercia Cured Meats
January 22, 2026
Food & Beverage
Charcuterie Artisans has acquired La Quercia Cured Meats, including its Norwalk, Iowa production facility and full product portfolio. The PE-backed charcuterie platform (owner: Industrial Opportunity Partners) said it will invest in the brand, expand the plant’s prosciutto capacity by ~50%, and retain La Quercia employees while working with the Lynch family and suppliers to maintain U.S. pork supply.
-
Industrial Opportunity Partners Recapitalizes Brewster Home Fashions and Fine Decor
August 3, 2021
Consumer Products
Evanston-based private equity firm Industrial Opportunity Partners (IOP) has partnered with management to recapitalize Brewster Home Fashions and Fine Decor Wallcoverings. The investment will support growth and operational initiatives to expand the companies' peel-&-stick and traditional wallcovering product lines for the residential (DIY) market; terms were not disclosed.
-
Quad-C Management Recapitalizes Village Gourmet
August 12, 2021
Food & Beverage
Quad-C Management completed a majority recapitalization of Village Gourmet, a producer of premium branded and private-label meats and snacking products, in partnership with the company's management team. The investment will support Village Gourmet’s organic growth and continued add-on acquisition strategy to scale its portfolio of specialty heritage brands and national distribution.
-
CVC Capital Partners Agrees to Acquire La Piadineria from Permira
January 15, 2024
Restaurants & Hospitality
CVC Capital Partners Fund VIII has agreed to acquire 100% of Italian quick-service restaurant chain La Piadineria from funds advised by Permira. La Piadineria is a leading Italian QSR with over 400 locations and more than 2,500 employees; CVC plans to support further growth in Italy, diversify into other quick-service formats and pursue international expansion. The transaction is subject to customary regulatory approvals and was expected to close in the first half of 2024.
-
Parcom Acquires Group of Butchers from Equistone
October 22, 2020
Food & Beverage
Dutch private equity firm Parcom Private Equity has agreed to acquire the majority stake in Group of Butchers from funds advised by Equistone Partners Europe. Group of Butchers, headquartered in Tilburg, Netherlands, is a leading manufacturer and supplier of artisanal meat products (about 900 employees; ~€280m revenue forecast for 2020); Parcom intends to support further buy-and-build expansion and broaden the company’s customer and product portfolio. The financial terms were not disclosed and the deal is subject to competition approval.
-
Industrial Opportunity Partners Acquires N.B. Handy Company
May 17, 2022
Building Products
Industrial Opportunity Partners (IOP) has acquired N.B. Handy Company, a 130-year-old building products distributor headquartered in Lynchburg, Virginia. Terms were not disclosed; N.B. Handy will continue to be led by President & CEO Rosana Chaidez and will be supported by IOP to drive operational improvements and growth across its 21 locations in six states.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.