Bain Capital Acquires Dessert Holdings from Gryphon Investors

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.

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.

Private Investor Acquires Icing on the Cake

April 19, 2024

Food & Beverage

Generational Group advised Icing on the Cake, an ultra-premium retail dessert bakery in Los Gatos, California, on its sale to a private investor. The transaction closed April 19, 2024 and transfers ownership from founder Lynn after nearly 40 years, with the buyer (unnamed) expected to continue the bakery's traditions and local presence.

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.

Encore Consumer Capital Acquires Chalet Desserts

May 16, 2024

Food & Beverage

Encore Consumer Capital, a San Francisco-based private equity firm focused on consumer products, has acquired Chalet Desserts, a Sacramento-based specialty manufacturer of frozen bakery desserts. Encore said it will partner with founder and CEO Dave Laukat and the existing management team to pursue organic growth, capacity investments and add-on acquisitions to expand the platform.

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.