FRESNO, Calif. (KFSN) -- Local grocery store chain Save Mart is under new ownership.
Los Angeles-based equity firm Kingswood Capital Management LP purchased the company.
[Ads /]
Save Mart operates hundreds of stores throughout the Central Valley, Northern California and Nevada.
That includes Lucky and FoodMaxx locations.
[Ads /]
The namesake is also featured on Fresno State's entertainment center.
Save Mart employs about 14,000 people.