Houlihan Lokey Advises La Terra Fina

Houlihan Lokey’s Consumer Group is pleased to announce that La Terra Fina USA, LLC (La Terra Fina), a private affiliate of Catamount Management Corp. (Catamount), has entered into a definitive agreement to be acquired by Sargento Foods Inc. (Sargento).

This deal represents Houlihan Lokey's expertise in the branded food and beverage space.

Founded in 1983 by a renowned Bay Area caterer, La Terra Fina—meaning “the good earth“ in Italian—is a category leader in premium branded refrigerated dips, spreads, and quiches. The company manufactures a broad portfolio of premium ready-to-eat products in a state-of-the-art 100,000 sq. ft. facility in Union City, California, supported by approximately 250 full-time employees. Made with simple, high-quality ingredients, La Terra Fina’s fresh taste takes consumers on a journey where flavor reigns supreme. The company’s products are merchandised in the deli departments of club stores, supermarkets, and specialty grocery retailers throughout the U.S., as well as Canada and Mexico.

Sargento is a family-owned company that has been a leader in cheese for more than 70 years. Founded in 1953 in Plymouth, Wisconsin, Sargento is proud to be the company that successfully introduced America to pre-packaged sliced and shredded natural cheeses and cheese blends. Today, its portfolio spans sliced, shredded, snack, and block cheese, as well as cheese snack kits—its Balanced Breaks® product line.

Houlihan Lokey served as the sole financial advisor to Catamount on the sale of La Terra Fina and assisted in structuring and negotiating the transaction on its behalf.