Kingswood Capital Management LP

The Save Mart Cos. acquired by private equity firm

The Save Mart Cos. acquired by private equity firm

MODESTO, Calif. — The Save Mart Cos. announced on Monday that it has been acquired by the private equity firm Kingswood Capital Management LP. Terms of the deal were not disclosed. Save Mart operates about 200 stores under the Save Mart, Lucky California, and FoodMaxx banners. In addition to its retail operation, the company also