Gemini Investors Invests in Saval Foods and Catalina Finer Foods

Corfini Meat & Seafood Acquires Calvada Food Sales

July 4, 2025

Food & Beverage

Corfini Meat & Seafood acquired Calvada Food Sales, a Sacramento-based, second-generation family business, to expand regional distribution of premium “nose-to-tail” meats and seafood. Calvada will continue operating under its established brand while leveraging Corfini’s operational infrastructure and expanded product offering across Northern California and Nevada.

Saval Foods Acquires Pastore's Italian Wholesale Distributor

June 24, 2025

Food & Beverage

Elkridge-based Saval Foods, LLC has acquired Pastore's Italian Wholesale Distributor, bringing the longtime Baltimore wholesaler and its Sun of Italy brand into the Saval family. The acquisition is intended to expand Saval's Italian product portfolio and grow the Sun of Italy brand across retail and foodservice while preserving Pastore's legacy and integrating key Pastore staff into Saval.

Fengate Private Equity and Weathervane Investments Acquire Saco Foods

January 22, 2024

Food & Beverage

Fengate Private Equity, partnering with Weathervane Investments and managing the investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada, has acquired Saco Foods Holdings, LLC from Benford Capital Partners. The Middleton, Wisconsin-based branded shelf-stable food company will continue to be led by CEO Tom Walzer, who retains a significant equity stake; the buyers plan to support growth through new product innovation, channel expansion and further platform-building acquisitions.

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.

Solina Acquires Saratoga Food Specialties

October 4, 2022

Food & Beverage

Solina, a France-based producer of savoury ingredient solutions, has signed an agreement to acquire Saratoga Food Specialties to accelerate its North American expansion. The deal (subject to regulatory approval) will add Saratoga's liquid-sauce capabilities, three U.S. manufacturing sites and approximately 500 employees to Solina's North American footprint.

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

February 24, 2022

Food & Beverage

Midwest Growth Partners, alongside Farragut Capital Partners, Spring Capital Partners, Gemini Investors, Lake Country Capital, SharpVue Capital and Promise Holdings, provided subordinated debt and preferred equity to Catalina Finer Foods, a Tampa-based manufacturer of frozen Cuban and Caribbean foods. The financing (which included Spring Capital's $4.4M subordinated debt and $1.9M equity) supports a succession plan with second-generation owner Justo Cepero and funds future organic growth and bolt-on acquisitions; Cadence Bank provided senior financing.