Rise Baking Company Acquires Table Talk Pies

Rise Baking Company Acquires Two Pie Facilities from Wonder Brands and FGF Brands

December 5, 2023

Food & Beverage

Rise Baking Company, a Minneapolis-based portfolio company of Olympus Partners, has acquired two pie facilities (in Kent, Washington and Brampton, Ontario) from Wonder Brands Holdings Inc. and FGF Brands (USA) Inc. The acquisition expands Rise’s product offering into the pie category, increasing its North American footprint to 18 facilities and strengthening its service to retail and foodservice customers.

Rise Baking Company (Olympus Partners) Acquires Brill Inc.

August 13, 2021

Food & Beverage

Rise Baking Company, a platform backed by Olympus Partners, has acquired Brill Inc., a supplier of cakes, cookies, muffins, icings, glazes and toppings serving retail bakeries and foodservice operators across the United States. The deal is an add-on to Rise’s platform and expands its product portfolio and nationwide distribution footprint; the combined business will operate more than 15 facilities across North America. Baker & Baker Group is reported as the selling parent of Brill.

Platinum Equity and Butterfly Acquire Rise Baking Company

September 18, 2024

Food & Beverage

Platinum Equity and Butterfly have agreed to acquire Rise Baking Company from Olympus Partners, with Platinum and Butterfly acting as equal partners. Rise, a Minneapolis-based bakery manufacturer with nearly 4,000 employees and 20 North American production facilities, will remain led by CEO Brian Zellmer and will pursue further organic growth and M&A under the new owners.

Sara Lee Frozen Bakery Acquires Cyrus O'Leary's Pies

February 24, 2020

Food & Beverage

Sara Lee Frozen Bakery signed a definitive agreement to acquire Cyrus O'Leary's Pies, a Spokane-area maker of award-winning frozen and fresh pies. The acquisition expands Sara Lee Frozen Bakery's in-store bakery (ISB) portfolio and gives it a West Coast manufacturing footprint; Cyrus O'Leary's CEO Barclay Klingel will remain in his role reporting to Sara Lee's CEO.

PaperTech Acquires Bake-Best Trays to Expand Food-Focused Sustainable Packaging Platform

January 29, 2026

Packaging

PaperTech, a Findlay, Ohio-based pressed paperboard manufacturer and portfolio company of May River Capital, has completed the acquisition of Bake-Best Trays, a Redmond, Oregon-based maker of ovenable pressed paperboard trays. The add-on expands PaperTech’s tray product lineup and adds susceptor-enabled cooking-performance technologies to broaden its sustainable packaging offering for food processors, distributors and foodservice operators.

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.