Dessert Holdings Acquires Willamette Valley Pie Company

Dessert Holdings (Bain Capital) Acquires Kenny's Great Pies from Kaho Partners

May 17, 2024

Food & Beverage

Dessert Holdings, a premium-dessert platform owned by Bain Capital, has acquired Kenny's Great Pies from Kaho Partners. The acquisition adds Kenny's clean-label, cream-based pies and manufacturing capacity (33,000 sq ft facility in Smyrna, Georgia) to Dessert Holdings' portfolio to expand product offerings and distribution across retail, club and foodservice channels; terms were not disclosed.

Dessert Holdings Acquires Steven Charles

January 3, 2022

Food & Beverage

Dessert Holdings, the North American premium dessert platform, has acquired Steven Charles — A Dessert Company, a gourmet dessert manufacturer based in Aurora, Colorado. The business will remain led by President Rebecca O'Hara and will leverage Dessert Holdings' scale (and backing from Bain Capital Private Equity) to accelerate domestic growth and pursue broader expansion; financial terms were not disclosed.

Bain Capital Acquires Dessert Holdings from Gryphon Investors

April 26, 2021

Food & Beverage

Bain Capital Private Equity has entered into a definitive agreement to acquire Dessert Holdings, a St. Paul–based premium dessert platform that includes The Original Cakerie, Lawler’s Desserts, and Atlanta Cheesecake Company. The acquisition from Gryphon Investors will support Dessert Holdings’ next stage of growth—pursuing product innovation, organic expansion and add-on opportunities—and is expected to close in Q2 2021 (debt financing led by Antares Capital).

Dessert Holdings Acquires Dianne's Fine Desserts from Geneva Glen Capital

November 1, 2022

Food & Beverage

Dessert Holdings, North America's premium dessert company, has acquired Dianne's Fine Desserts from Geneva Glen Capital. The acquisition, terms undisclosed, expands Dessert Holdings' product assortment in the foodservice channel; Dianne's CEO Mike Knowles and President Dan Scales will be retiring as part of the transaction.

Pie Insurance (Pie Carrier Holdings) to Acquire Western Select Insurance Company

August 25, 2021

Insurance

Pie Insurance, through its subsidiary Pie Carrier Holdings, received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Company — a property & casualty insurer licensed in Illinois, California and New York — from a subsidiary of Premia Holdings Ltd. The deal supports Pie's strategy to become a full‑stack insurance carrier and to underwrite its own policies for small businesses.

Worldwide Produce Acquires Valley Food Services

June 15, 2022

Food & Beverage

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Valley Food Services, a fresh produce and dairy distributor serving the Coachella Valley. The add-on expands Worldwide Produce's presence in the Coachella Valley and complements its West Coast distribution network; terms were not disclosed.