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.
February 3, 2017
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.