The Save Mart Companies Announces Acquisition by Kingswood Capital Management

Marion Steward

MODESTO, Calif., March 28, 2022 /PRNewswire/ — Today, The Save Mart Companies announced that Kingswood Capital Management LP (“Kingswood”) has acquired the company. Kingswood is an operationally- focused private equity firm based in Los Angeles, with significant experience in the retail sector. Terms of the transaction were not disclosed. Headquartered in Modesto, California, The Save Mart Companies is committed to sourcing a wide variety of local products across approximately 200 stores and serves communities throughout California and Northern Nevada. […]