Lindsay Goldberg Acquires Controlling Interest in Golden State Foods

Innovative Food Holdings Acquires Assets of Golden Organics

October 18, 2024

Food & Beverage

Innovative Food Holdings, Inc. (IVFH) entered into a definitive agreement to acquire 100% of the assets of Golden Organics, LLC for $1.75 million ($1.4M cash and a $350k five-year seller note). Golden Organics, a Denver/Golden, Colorado-based specialty organic food distributor with ~$6.8M trailing-twelve-month revenue and a 22,000 sq. ft. leased warehouse, will expand IVFH's product assortment, sourcing capabilities and customer base across foodservice, manufacturing and retail channels.

GS Foods Group Acquires The Danielsen Company

March 6, 2025

Food & Beverage

GS Foods Group, a specialized foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners, has acquired The Danielsen Company, a Chico, California-based foodservice provider. The deal expands GS Foods' presence in Northern California and strengthens its school nutrition and specialized foodservice distribution network while retaining Danielsen's leadership and staff to ensure continuity for customers.

Lindsay Goldberg Acquires Majority Interest in Pike Corporation

December 21, 2020

Infrastructure

Affiliates of Lindsay Goldberg acquired a majority interest in Pike Corporation, a leading U.S. provider of infrastructure, construction and engineering services to utilities. The transaction supplies Pike with new equity and an incremental term loan B to support growth and strategic initiatives while founder J. Eric Pike and other existing investors remain significant shareholders.

GS Foods Group Acquires Diamond Foods

January 24, 2024

Food & Beverage

GS Foods Group, a foodservice distribution platform owned by affiliates of Highview Capital and A&M Capital Partners, has acquired Diamond Foods, a regional K-12 food distributor based in New Orleans, Louisiana. The acquisition expands GS Foods' Louisiana footprint and strengthens its K-12 product and service offerings in the region as part of its ongoing platform build-out.

Lindsay Goldberg Acquires ARYZTA North America

March 12, 2021

Food & Beverage

Affiliates of private equity firm Lindsay Goldberg entered into a definitive agreement to acquire ARYZTA North America (ANA) from ARYZTA AG. ANA is a leading B2B supplier of frozen baked goods in the U.S. and Canada — operating 15 production facilities, employing over 4,000 people and selling branded and private-label products including Otis Spunkmeyer, La Brea Bakery, and Oakrun Farm Bakery.

Highview Capital Acquires Gold Star Foods and Merges It with Good Source Solutions to Form GS Foods Group

October 3, 2019

Food & Beverage

Highview Capital acquired Gold Star Foods from Castle Harlan and will merge it with Highview portfolio company Good Source Solutions to form a new holding company, GS Foods Group. Alvarez & Marsal Capital Partners participated as a direct investor in the combined business; the combined company will create a national specialized foodservice distribution platform focused on K-12, corrections and other non-commercial segments.