Mintz Advises Mama Rosie’s In Its Acquisition By Seviroli Foods
BOSTON – Mintz served as legal advisor to Mama Rosie’s Company, Inc. (“Mama Rosie’s”), a second-generation family-owned frozen pasta manufacturer, in its acquisition by Mill Point Capital-backed Seviroli Foods LLC (“Seviroli”), a specialty foods importer and frozen food manufacturer.
According to a release distributed by Seviroli, the partnership is expected to accelerate its growth curve by enhancing its scale, product portfolio, and customer base.
Mama Rosie’s manufactures a range of filled and non-filled pasta products for its customer base in the Northeast. Founded in 1976, the company is headquartered in the Greater Boston area. Looking ahead, Nick Sardo, owner and chief executive officer of Mama Rosie’s, will continue with the go-forward company in a senior advisor capacity.
“Nick and his management team have achieved excellent growth at Mama Rosie’s while staying true to the company’s core focus of manufacturing high-quality pasta and maintaining outstanding customer service,” said Paul Vertullo, president and CEO of Seviroli. “Our combination with Mama Rosie’s is exciting and allows us to reinforce our commitment to delivering superior products and services to our customers and exciting ideas for this category.”
The Mintz team advising Mama Rosie’s included Members James McKnight (Corporate), Kurt Steinkrauss (Chair, Closely Held Business Practice; Co-chair, Private Equity Practice), Brendan Lowd (Employment, Labor & Benefits), and Associate Satuti Aggarwal (Corporate).
Mintz’s Private Equity / Mergers & Acquisitions Practice includes 50+ professionals from many different legal areas who focus on executing transactions that meet clients’ wide-ranging legal, business, and operational goals. Singled out by BTI Consulting Group as one of 32 “Deft Dealmaker” firms for 2022, the firm develops winning transaction strategies for deals of virtually every size and type, including strategic acquisitions and divestitures, private equity platform and roll-up acquisitions and exits, spin-offs, joint ventures, asset and IP acquisitions, distressed sale transactions, complex earn-out and contingent value rights transactions, tender offers, and going private transactions and recapitalizations. Mintz’s Private Equity / Mergers & Acquisitions Practice is also bolstered by its nationally-recognized Litigation and Intellectual Property practices, as well as industry-leading energy, healthcare and communications regulatory teams.
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