Investor Group Led by Littlejohn & Co. Acquires Lipari Foods
Summary
Lipari offers over 25,000 products, spanning deli, bakery, foodservice, specialty grocery, dairy, frozen seafood and meats, international foods, confections, and packaging items through its expansive refrigerated distribution network. Under Thom’s leadership, Lipari has executed a number of strategic acquisitions that have positioned the Company as a preeminent pure-play specialty food distribution platform in a highly fragmented sector. We look forward to building on Lipari’s strong market position and accelerating its acquisition program as it seeks to become the partner of choice to food retailers nationwide.” Gibson, Dunn & Crutcher LLP served as legal counsel to Littlejohn. With approximately $7.8 billion of regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. Founded in 1963, Lipari Foods has grown to become a leading independent “perimeter-of-the-store” distributor and manufacturer, supplying over 25,000 products across deli, bakery, foodservice, specialty grocery, dairy, frozen seafood and meats, confections, international foods, and packaging items to over 9,500 unique customers, predominantly independent and specialty grocers across the United States.