Investor Buys Stake in N.Y.’s Associated

NEW YORK — Private equity firm AUA Private Equity Partners here said it has completed a recapitalization of Associated Food Holdings that will allow the company to accelerate new store growth and increase financing to its operators for remodeling and expansion.

Terms of the transaction were not disclosed, although AUA said it typically makes equity investments of $10 million to $30 million in family-owned, Hispanic focused businesses. Its managing partner is

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