Sovos Brands acquires Michael Angelo's Gourmet Foods
Michael Angelo's is the first investment by Sovos Brands, a new type of food and beverage company that seeks to acquire and build one-of-a-kind brands to establish a scale player in the consumer packaged goods industry.
Advent International, a Boston, Mass.-based global private equity investor, and its newly formed company Sovos Brands, San Francisco, completed the acquisition of Michael Angelo's Gourmet Foods Inc., an Austin, Texas-based producer of premium, authentic frozen Italian entrées.
Michael Angelo's is the first investment by Sovos Brands, a new type of food and beverage company that seeks to acquire and build one-of-a-kind brands to establish a scale player in the consumer packaged goods (CPG) industry.