Shoreline Equity Partners Recapitalizes Engelman Baking Company

February 28, 2020

Shoreline Equity Partners has partnered with management to acquire Engelman Baking Company, a Norcross, Georgia-based wholesale bakery, with founder Sammy Engelman retaining a significant ownership stake. The transaction provides Engelman's with capital and resources to expand its reach across the Southeast; financing was provided by Twin Brook Capital Partners and TM Capital served as advisor to Engelman's.

Buyers
Shoreline Equity Partners, LLC
Targets
Engelman Baking Company, Inc.
Sellers
Sammy Engelman and other management shareholders
Industry
Food & Beverage
Location
Georgia, United States
Transaction Type
Recapitalization

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