HKW Recapitalizes Chicago-based Golden Country Oriental Food

HKW Recapitalizes AliMed Inc.

August 4, 2025

Medical Devices

HKW, a middle-market private equity firm, has partnered with the Cherubini family to recapitalize AliMed Inc., a Dedham, Massachusetts-based manufacturer and distributor of medical products. The recapitalization will support AliMed's organic growth and enable the company to pursue acquisitions and further develop its digital and manufacturing capabilities.

CenterOak Partners Majority Recapitalizes HK Solutions Group

July 14, 2021

Environmental Services

CenterOak Partners completed a majority recapitalization of HK Solutions Group, a Des Moines-based provider of water and wastewater infrastructure inspection, cleaning, repair and industrial services in the U.S. Midwest. The HK Solutions management team, led by CEO Wade Anderson, will remain in place as CenterOak plans to grow the business organically and via add-on acquisitions to expand service capabilities and market presence.

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.

HF Foods Group Acquires Sealand Food, Inc.

April 25, 2022

Food & Beverage

HF Foods Group Inc. has entered into an agreement to acquire substantially all assets of Sealand Food, Inc., a Richmond, Virginia–based frozen seafood supplier that serves Asian/Chinese restaurants across the U.S. East Coast. The acquisition expands HF Foods' distribution footprint into states where it previously had limited presence, bringing the combined network to serve roughly 15,000 restaurants and supporting HF Foods' goal of national scale and revenue growth.

Lindsay Goldberg Acquires Controlling Interest in Golden State Foods

August 8, 2024

Food & Beverage

Lindsay Goldberg has entered into an agreement to acquire a controlling interest in Golden State Foods (GSF), partnering with the Wetterau family which will retain a significant ownership stake. The investment will provide GSF with additional resources to support growth across its global foodservice manufacturing and distribution operations while the company remains headquartered in Irvine, California under existing management.

Investcorp Recapitalizes Fortune Fish & Gourmet

February 12, 2020

Food & Beverage

Investcorp completed a recapitalization of Fortune International, LLC (doing business as Fortune Fish & Gourmet), a super-regional distributor of seafood and specialty food products, with founder Sean O'Scannlain remaining CEO and retaining a significant ownership stake. The capital structure was set to support a deliberate acquisition strategy to accelerate geographic expansion and scale the company's specialty foodservice distribution platform.