PAI Partners Acquires La Compagnie des Desserts

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.

CVC Capital Partners Agrees to Acquire La Piadineria from Permira

January 15, 2024

Restaurants & Hospitality

CVC Capital Partners Fund VIII has agreed to acquire 100% of Italian quick-service restaurant chain La Piadineria from funds advised by Permira. La Piadineria is a leading Italian QSR with over 400 locations and more than 2,500 employees; CVC plans to support further growth in Italy, diversify into other quick-service formats and pursue international expansion. The transaction is subject to customary regulatory approvals and was expected to close in the first half of 2024.

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).

PAI Partners Acquires Winterbotham Darby (with Addo Food Group forming new chilled food platform)

November 9, 2020

Food & Beverage

PAI Partners has agreed to acquire Winterbotham Darby from Equistone Partners Europe, with LDC exiting its minority stake; the company's management will remain invested. Following completion, Winterbotham Darby will join a new UK chilled food platform alongside Addo Food Group (also being acquired by PAI) to consolidate capabilities across chilled, continental and plant-based categories; terms were not disclosed and the deal is subject to regulatory approvals.

PAI Partners Acquires Addo Food Group and Winterbotham Darby to Create UK Chilled Food Platform

November 9, 2020

Food & Beverage

PAI Partners has agreed to acquire Addo Food Group and Winterbotham Darby (ComplEat Food Group) from existing investors including LDC, subject to regulatory approvals. The two UK chilled-food manufacturers will be combined under a newly created PAI-backed platform to drive product innovation, supply‑chain initiatives and growth across retail, convenience and foodservice channels.

Emmi Group Acquires Indulge Desserts from AUA Private Equity

October 13, 2020

Food & Beverage

Emmi Group acquired Indulge Desserts Holdings, LLC from AUA Private Equity Partners. Indulge Desserts is a U.S.-based manufacturer of premium gourmet desserts serving foodservice and retail channels; the transaction expands Emmi's U.S. dessert capabilities and complements its existing dessert platforms.