Deloitte veteran Carl Allegretti to lead food-focused private-equity firm

Allegretti, who joins Arbor Investments in March, was most recently managing partner of Deloitte’s Chicago office.

A former Deloitte executive will become the new president of a Chicago equity firm focused on food and beverage companies.
Carl Allegretti has been appointed president of Arbor Investments as co-founder Joseph Campolo moves to vice chairman and senior adviser, according to the company.

Allegretti has over 35 years of experience in the financial services sector and was at one point CEO of Deloitte Tax. Most recently, he acted as managing partner of Deloitte’s Chicago office overseeing a team of approximately 6,000 employees.

“We’ve seen firsthand his ability to build, align, and lead organizations,” Campolo said in a statement. “We’re confident he will make an immediate impact on our firm while maintaining the entrepreneurial spirit that has driven our exceptional results for the last two decades.”

Arbor has invested in food and beverage suppliers since 1999, focusing on food manufacturing and distribution. Its portfolio includes supermarket supplier Concord Foods and bakery-supplier The Bakery Cos.

Allegretti’s son, Nick, is a rookie offensive lineman for the Kansas City Chiefs, which earlier this month snagged its first Super Bowl title in 50 years. He also played for the University of Illinois.

An Indiana native, Allegretti was a former student athlete at Butler University and is still an active fitness enthusiast today, having completed 69 marathons and two ultra-marathons.

He will officially join Arbor in March.

Source: Crain’s Chicago Business

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