RICHMOND, Va.—Merger and acquisitions specialist Harris Williams & Co. announced the sale of Eatem Foods Corp. to Linsalata Capital Partners was completed Feb. 1.
Eatem, based in Vineland, N.J., is a manufacturer of innovative and healthy savory flavor systems for the industrial food trade. The company’s flavor systems provide the basic flavor profile for many well-known branded and private-label food products.
Linsalata, based in Mayfield Heights, Ohio, was founded in 1984 and has combined its strong financial capabilities with extensive operational experience to accelerate growth of middle-market companies. Linsalata Capital Partners currently is investing from its sixth fund, with $425 million in committed equity capital.
