Whether it’s people who visit Northern Michigan during the summer or Florida during the winter months, a staple for many is to stop and get ice cream, fudge or candy at a Kilwins location.
Levine Leichtman Capital has a portfolio that also includes Tropical Smoothie Cafe, Mountain Mike’s Pizza, Nothing Bundt Cakes and Wetzel’s Pretzels. Conway said the McCartys must have gotten a price they liked in order to sell, and that private equity firms usually are not long-term investors.