Private equity firm Linsalata Capital Partners (LinCap), acquired Boone, N.C.-based Hospitality Mints, Inc. from American Capital, Ltd. Serving more than 10,000 customers in foodservice, retail and ad specialty channels, Hospitality Mints manufactures customized, individually-wrapped promotional mints and candies.
“We are excited to be partnering with LinCap and continue executing our plan for growth,” says Allen Peterson, ceo, Hospitality Mints.
“Hospitality Mints has developed an excellent brand reputation based on high quality product, customized printing/wrapping and excellent customer service,” says Eric V. Bacon, senior marketing director, Linsalata Capital Partners. “The company is a strong player in a niche of the large confections market, which is consistent with our acquisition criteria for food-related businesses.”