Tracked deals
4
4 tracked deals across 2019-2023.
Warren, Michigan, United States
Headquartered in Warren, Michigan, Lipari Foods is a leading independent distributor built around global and specialty foods. They serve customers through 67 depots across 32 states and combine exclusive/owned brands, retail services, and dependable delivery across deli, bakery, frozen/dairy, specialty grocery, international specialty, meat/seafood, packaging, confections, foodservice/prepared foods, and convenience.
Tracked deals
4
4 tracked deals across 2019-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 2 buyout
Last 3 years
Supporting Data
Lipari Foods, a Warren, Michigan-based specialty food distributor, has acquired St. Louis-based Swiss-American, Inc., a specialty cheese solutions provider focused on retail deli. The acquisition will fold Swiss-American into Lipari's manufacturing division via its subsidiary The Deli Source to expand cheese offerings and capabilities; Swiss-American will continue to be led by Joe Hoff and has approximately 85 employees.
Lipari Foods, a portfolio company of H.I.G. Capital, has acquired the assets of Tut's International Export & Import Co., Inc., a Dearborn, Michigan-based importer and distributor of Middle Eastern and Eastern European foods. The acquisition is the third add-on since H.I.G. acquired Lipari and is intended to strengthen Lipari's international specialty food division and expand its perimeter-of-the-store offering.
Lipari Foods, a portfolio company of H.I.G. Capital, has acquired Troyer Cheese, Inc., Troyer Bros. Trucking, Ltd., and Amish Wedding Foods, Inc. The add-on expands Lipari's specialty food manufacturing and distribution capabilities and extends its geographic reach across the Midwest and national grocery customers.
H.I.G. Capital affiliate has acquired Lipari Foods Operating Company, LLC from Sterling Investment Partners and certain other selling shareholders, with the Lipari family and management retaining a significant investment. Sterling also made a new investment and will hold a board seat; H.I.G. will partner with management to expand Lipari's distribution and manufacturing platform and pursue organic and M&A-driven growth.
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