H.I.G. Capital, LLC, Miami, Fla., announced that its portfolio company, Lipari Foods, LLC, Warren, Mich., acquired Troyer Cheese, Inc., Troyer Bros. Trucking Ltd. and Amish Wedding Foods, Inc., collectively, all based in Millersburg, Ohio.
Troyer is a specialty food distributor, manufacturer and processor offering multiple proprietary brands, including Troyer meats, cheeses and deli products and more.
“We are excited about the addition of Troyer’s unique product offerings into our existing portfolio. Troyer is an excellent strategic fit that builds on Lipari’s heritage in deli, dairy, confectionary and other specialty food categories,” says Thom Lipari, president and CEO of Lipari. “Additionally, we are eager to continue building our specialty food manufacturing capabilities, and look forward to extending our geographic reach further across the Midwest.”
“We are pleased to support Lipari in its acquisition of Troyer,” adds Justin Reyna, managing director at H.I.G. “This transaction fits squarely within the company’s strategy of acquiring unique and complementary food manufacturing and distribution businesses in existing and adjacent markets. We are excited to partner with the Troyer team as we continue to grow the Lipari business.”
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