H.I.G. Capital Acquires Lipari Foods from Sterling Investment Partners

Littlejohn & Co. Acquires Lipari Foods

October 31, 2022

Food & Beverage

An investor group led by Littlejohn & Co. acquired Lipari Foods, a leading specialty food distributor and value-added manufacturer headquartered in Warren, Michigan. The Lipari family, management, H.I.G. Capital and Sterling Investment Partners remain minority investors; Littlejohn said it will support Lipari's next phase of growth and accelerate its acquisition program.

Lipari Foods (H.I.G.-backed) Acquires Troyer Cheese and Related Businesses

February 20, 2019

Food & Beverage

Lipari Foods, a portfolio company of H.I.G. Capital, has acquired Troyer Cheese, Inc., Troyer Bros. Trucking, Ltd., and Amish Wedding Foods, Inc. The add-on expands Lipari's specialty food manufacturing and distribution capabilities and extends its geographic reach across the Midwest and national grocery customers.

Lipari Foods Acquires Tut's International

January 13, 2021

Food & Beverage

Lipari Foods, a portfolio company of H.I.G. Capital, has acquired the assets of Tut's International Export & Import Co., Inc., a Dearborn, Michigan-based importer and distributor of Middle Eastern and Eastern European foods. The acquisition is the third add-on since H.I.G. acquired Lipari and is intended to strengthen Lipari's international specialty food division and expand its perimeter-of-the-store offering.

Lipari Foods Acquires Swiss-American, Inc.

March 20, 2023

Food & Beverage

Lipari Foods, a Warren, Michigan-based specialty food distributor, has acquired St. Louis-based Swiss-American, Inc., a specialty cheese solutions provider focused on retail deli. The acquisition will fold Swiss-American into Lipari's manufacturing division via its subsidiary The Deli Source to expand cheese offerings and capabilities; Swiss-American will continue to be led by Joe Hoff and has approximately 85 employees.

H.I.G. Capital Acquires Majority Stake in Pinalli S.r.l.

February 16, 2023

Retail

H.I.G. Capital has acquired a controlling stake in Pinalli S.r.l., the leading Italian distributor and retailer of high-end beauty and personal care products. The investment, made in partnership with the Pinalli family and management, will support Pinalli's omnichannel expansion, e-commerce development and store renewal initiatives.

H.I.G. Capital Acquires Majority Stake in Berardi Bullonerie

February 3, 2022

Industrial Services

H.I.G. Capital (through an affiliate) has acquired a majority stake in Berardi Bullonerie S.r.l., a leading Italian distributor of fasteners and provider of integrated logistics/kanban services. The investment will support Berardi's growth strategy—combining organic expansion and targeted acquisitions—and the Berardi family (including CEO Giovanni Berardi) will remain invested alongside H.I.G.