LaSalle Capital Acquires Joseph's Frozen Foods (with NewSpring Mezzanine financing)

Turri's Italian Foods Acquires Joseph's Gourmet Pasta

July 30, 2025

Food & Beverage

Turri's Italian Foods, a Fund II portfolio company of Benford Capital Partners, has acquired Joseph's Gourmet Pasta to form a combined frozen pasta, rice and sauce platform serving foodservice, retail and CPG customers. Benford Capital partnered on the transaction; New Mountain Capital participated in acquiring Joseph's real estate assets and Joseph's was acquired from LaSalle Capital.

LaSalle Capital and Lightspring Complete Acquisition of Great Lakes Potato Chips

December 22, 2022

Food & Beverage

LaSalle Capital, in partnership with Lightspring Capital I, LP, has completed the acquisition of Great Lakes Potato Chips, a Traverse City, Michigan-based kettle-cooked potato chip manufacturer founded by Ed and Chris Girrbach. The founders remain involved (Chris Girrbach will stay on as CEO) and the buyers intend to accelerate growth into new states and accounts across retail, foodservice distributors and direct-to-consumer channels.

LaSalle Capital Acquires BOF Corporation

November 16, 2021

Manufacturing

LaSalle Capital, with mezzanine support from NewSpring Mezzanine and investment participation from Everside Capital Partners, completed the acquisition of BOF Corporation, a manufacturer of gravity-flow refrigerated shelving headquartered in Aurora, Illinois. The transaction will partner LaSalle with BOF's existing management to accelerate growth, expand manufacturing capabilities, and deepen BOF's penetration into grocery, convenience and big-box retail channels.

Lightspring Capital Partners Acquires Joneca Corporation with NewSpring Mezzanine Support

September 2, 2021

Consumer Products

Lightspring Capital Partners acquired Anaheim-based Joneca Corporation, a maker of garbage disposals and other residential kitchen products. NewSpring Mezzanine (part of NewSpring) provided subordinated debt and equity to support the transaction, positioning Joneca for expanded manufacturing capacity, e-commerce growth, and domestic and international market expansion.

Borgman Capital Acquires Southeastern Meats

June 14, 2021

Food & Beverage

Milwaukee-based private equity firm Borgman Capital has acquired Birmingham, Alabama-based Southeastern Meats, a producer and distributor of frozen vegetables, meats, seafood and specialty items. Borgman said it will invest in Southeastern Meats' Pick 5 and Southeastern Vegetables programs and support the company's continued geographic expansion into the East Coast and Midwest.

NewSpring Mezzanine and Larsen MacColl Partners Invest in Turning Point Restaurants

February 13, 2019

Restaurants & Hospitality

NewSpring Mezzanine (NewSpring) and Larsen MacColl Partners completed a growth investment in Turning Point Holding Company, LLC, the Eatontown, New Jersey–based breakfast, brunch and lunch chain. The capital will be used to fund new unit growth and geographic expansion while supporting existing locations; terms were not disclosed.