Encore Consumer Capital Acquires Chalet Desserts

PAI Partners Acquires La Compagnie des Desserts

February 16, 2023

Food & Beverage

PAI Partners has agreed to acquire La Compagnie des Desserts (LCDD), a leading premium frozen desserts supplier to the food service market, from Argos Wityu with Credit Mutuel Equity exiting. PAI will partner with LCDD to build a pan‑European leader by gaining market share, optimising its footprint and accelerating international expansion organically and via acquisitions.

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.

Murry's (Encore Consumer Capital) Acquires Bake Crafters

October 10, 2022

Food & Beverage

Murry's Inc., a portfolio company of Encore Consumer Capital, has acquired Bake Crafters Food Company, a McDonald, Tennessee-based manufacturer and distributor of baked goods that sells primarily into K-12 foodservice and other institutional channels. The transaction closed on April 1, 2022; Encore said the deal is a strategic add-on to expand Murry's capabilities and presence in the K‑12 and institutional foodservice market, and Murry's also hired Jeff Ahlers as CEO to support integration and growth.

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).

Encore Consumer Capital Invests in Murry's, Inc.

November 14, 2019

Food & Beverage

San Francisco-based private equity firm Encore Consumer Capital completed an investment in Murry's, Inc., a family-owned frozen French toast manufacturer based in Greenbelt, Maryland. The partnership will support Murry's next phase of growth, leveraging Encore's experience in consumer packaged foods and private-label channels.

Dessert Holdings (Gryphon Investors) Acquires Atlanta Cheesecake Company

January 12, 2018

Food & Beverage

Dessert Holdings, a holding company formed by private equity firm Gryphon Investors, has acquired Atlanta Cheesecake Company (ACC), a Kennesaw, Georgia-based manufacturer of frozen desserts and cheesecakes. The acquisition brings ACC into Dessert Holdings' portfolio (which includes The Original Cakerie and Lawler's Desserts) to expand product offerings and distribution into retail grocery and foodservice channels across North America.