Sterling Investment Partners Recapitalizes Mr. Greens from Shoreline Equity Partners
May 4, 2023
Sterling Investment Partners has invested in Florida Veg Investments, LLC (doing business as Mr. Greens), acquiring the portfolio company from Shoreline Equity Partners in a recapitalization that leaves Mr. Greens' leadership with a significant ownership stake. Mr. Greens is a Miami-based value-added distributor of produce, dairy, and specialty food items serving over 3,500 customers across Florida and Texas and will partner with Sterling to continue geographic expansion and platform growth.
- Buyers
- Sterling Investment Partners, Mr. Greens management (CEO Nick Politis and other members of management)
- Targets
- Florida Veg Investments, LLC (Mr. Greens)
- Sellers
- Shoreline Equity Partners
- Industry
- Food & Beverage
- Location
- Florida, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Shoreline Equity Partners Recapitalizes Mr. Greens (Florida Veg Investments)
January 9, 2020
Food & Beverage
Shoreline Equity Partners partnered with Mr. Greens management to complete a recapitalization of Florida Veg Investments, LLC (doing business as Mr. Greens). The transaction includes co-investment from Nuveen, investors affiliated with The Hillman Company, NXT Capital, and Mr. Greens management, and will support organic growth and pursue add-on acquisitions while management retains a significant ownership stake.
-
Mr. Greens Produce (Sterling-backed) Acquires Parishables Food Service
January 22, 2025
Food & Beverage
Mr. Greens Produce, backed by Sterling Investment Partners, has acquired Atlanta-based Parishables Food Service to enter the Atlanta market and strengthen its Southeast service footprint. The deal expands Mr. Greens' product offering (including specialty cheeses, oils, spices and dairy) and service capabilities (including Sunday deliveries), while enabling Parishables' founders to partner for regional growth.
-
Mr. Greens (Florida Veg Investments) Acquires Cawoods Produce
February 10, 2020
Food & Beverage
Florida Veg Investments, LLC (Mr. Greens), a PE-backed produce distributor based in Miami, has acquired Cawoods Produce Inc., a regional produce and specialty goods distributor headquartered in Austin, Texas. The Cawoods management team rolled a portion of proceeds into Mr. Greens and will continue operating the business as part of Mr. Greens' add-on growth strategy to expand its footprint in Texas.
-
Verde Equity Partners Acquires Green‑Tech Landcare
April 1, 2024
Environmental Services
San Diego-based private equity firm Verde Equity Partners has acquired Green-Tech Landcare, a commercial landscaping provider in Southern California. The deal is the third transaction in Verde's planned vertical roll-up strategy to consolidate owner-operated commercial landscape companies across the Western U.S.; Green-Tech's founder Tom Bjorstrom will remain to support integration.
-
Sterling Investment Partners Acquires Verdantas
May 7, 2024
Environmental Services
Sterling Investment Partners has acquired a majority stake in Verdantas, LLC from Round Table Capital Partners, with Verdantas management, employees, and RTC retaining significant equity. Based in Tampa, Florida, Verdantas is an integrated environmental science, engineering, and consulting firm that has grown rapidly through 18 acquisitions since 2020 and employs over 1,450 staff nationwide.
-
Shoreline Equity Partners Invests in Prime Meats
April 25, 2024
Food & Beverage
Shoreline Equity Partners has made a growth investment in Prime Meats, a Duluth, Georgia–based value-added protein processor and distributor. The partnership will support Prime Meats' organic expansion and pursuit of add-on acquisitions while founder Norberto Sanchez and management remain in leadership with a meaningful ownership stake.
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.