L Catterton Acquires Kodiak Cakes

L Catterton Acquires Kodiak Cakes

L Catterton has acquired Kodiak Cakes, a maker of pancake and waffle mixes. Kodiak’s existing shareholders, including Trilantic North America and Sunrise Strategic Partners, and the company’s founders and management team, will continue to own a minority stake in the company. Kodiak Cakes is a producer of pancake and waffle mixes, frozen waffles and pancakes, […]

Advent Adds Another Brand to Sovos

Advent Adds Another Brand to Sovos

Sovos Brands, a portfolio company of Advent International, has agreed to acquire Birch Benders, a maker of pancake and waffle mixes, toaster waffles, and pancake and baking cups. Birch Benders’ products include organic, plant-based, non-GMO, protein, paleo, and keto alternatives. The company was founded in 2011 by CEO Matt LaCasse and CMO Lizzi Ackerman and […]