Linsalata exits Spartan Foods

Linsalata Capital Partners said Monday that it has closed the sale of Spartan Foods of America Inc., which does business as Mama Mary’s, to B&G Foods for about $50 million. Financial terms weren’t announced. Spartanburg, South Carolina-based Spartan makes branded pizza crusts sold primarily through grocery and retail channels. Duff & Phelps advised Linsalata.

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