Swander Pace Acquires Café Valley

Swander Pace Acquires Café Valley

Swander Pace Capital has acquired Café Valley, a maker of croissants, cakes, muffins, and other sweet baked goods, from a group of private individual shareholders. Café Valley’s products are sold to the in-store bakery, club store, mass merchandise, foodservice, and convenience store segments. According to the company, they are one of the largest independent wholesale […]

Arbor Sells Rise Baking to Olympus

Arbor Sells Rise Baking to Olympus

Arbor Investments has sold Rise Baking to Olympus Partners. The sale of Rise Baking will result in a 7x gross return on Arbor’s Fund III investment. Rise Baking is a manufacturer of cookies, dessert bars, artisan breads and flatbreads sold through the in-store bakery, foodservice, and convenience store channels. The company, led by CEO Mike […]

Blackford Acquires Ellison Bakery

Blackford Acquires Ellison Bakery

Blackford Capital has acquired Ellison Bakery, a manufacturer of bakery products sold to the industrial market, food service industry, and retail and private label sectors. Ellison Bakery was founded by Donald Ellis in a family garage in 1945 and supplied baked goods to restaurants and grocery stores in the Ft. Wayne area. The company grew […]

Arbor Sells Gold Standard Baking to Tricor Pacific

Arbor Sells Gold Standard Baking to Tricor Pacific

Arbor Investments has completed the sale of its Fund II portfolio company, Gold Standard Baking, to Tricor Pacific Capital.  The sale of Gold Standard provided Arbor with a 9.4x gross return on its investment. Gold Standard is a manufacturer of frozen laminated dough products sold through grocery retailers, foodservice distributors, quick serve restaurant chains, commissaries […]

Swander Pace Exits Pineridge Bakery

Swander Pace Exits Pineridge Bakery

Swander Pace Capital has reached an agreement to sell its portfolio company Pineridge Bakery to Switzerland-based global food business ARYZTA AG for $340 million. The sale is subject to review by the Canadian Competition Bureau and is expected to close in the second quarter of 2014. Pineridge Bakery is a specialty bakery, manufacturing and marketing […]