M&A Deal Summary

Nautic Partners Acquires Cenavera

On October 7, 2025, private equity firm Nautic Partners acquired food company Cenavera from Harkness Capital Partners

Acquisition Highlights
  • This is Nautic Partners’ 1st transaction in the Food sector.
  • This is Nautic Partners’ 81st transaction in the United States.
  • This is Nautic Partners’ 4th transaction in Arizona.

M&A Deal Summary

Date 2025-10-07
Target Cenavera
Sector Food
Buyer(s) Nautic Partners
Sellers(s) Harkness Capital Partners
Deal Type Secondary Buyout

Target

Cenavera

Scottsdale, Arizona, United States
Cenavera is an independent foodservice management company focused exclusively on the K-12 school market. The Company currently serves public, private, and charter schools across 33 states. Cenavera was formed in 2004 and is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

Nautic Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 9.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Nautic Partners is a private equity firm focused on middle-market company investments based in the US. Nautic looks to invest $50 to $400 million of equity in businesses valued between $100 million and $1 billion. Nautic's industry focus is business services, manufacturing, healthcare, and communications. Prospective investment structures include buyouts, recapitalizations, consolidations, and growth financings. Nautic prefers majority investment positions. Nautic Partners was formed in 1986 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 82 of 82
Sector: Food M&A 1 of 1
Type: Secondary Buyout M&A Deals 25 of 25
State: Arizona M&A 4 of 4
Country: United States M&A 81 of 81
Year: 2025 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-15 AccessIT Group

King of Prussia, Pennsylvania, United States

AccessIT Group is a specialized cybersecurity solutions provider offering a full range of advanced security services that assist organizations with the design, procurement, implementation, and operation of their security infrastructure. AccessIT Group was founded in 2001 and is based in King of Prussia, Pennsylvania.

Buy -

Seller(S) 1

DESCRIPTION

Harkness Capital Partners is a private investment group focused on investing its own capital and resources to support the growth of lower middle-market companies in the manufacturing and services sectors. Harkness Capital Partners was formed in 2015 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Food M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-29 Premier Fence

Canton, Massachusetts, United States

Premier Fence is a full-service commercial fencing and gates/access controls services business, providing installation, repair, replacement, and maintenance. Premier Fence is based in Canton, Massachusetts.

Buy -