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Apis & Heritage Capital Partners Finances Employee Ownership Transition at Tropical Foods, a Boston Supermarket

Barchart·09/24/2026 09:10:00
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BOSTON, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Apis & Heritage Capital Partners (“A&H”), an investment manager specializing in financing employee ownership transactions, today announced it has financed the transition of Tropical Foods, a Roxbury grocery retailer that has served Greater Boston for more than 50 years, to 100% employee ownership. The transaction provides owners Ronn and Randy Garry with a succession plan while giving the employees who helped build the company a stake in its future.

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