Tilia Holdings Acquires Ellison Bakery
August 19, 2020
Chicago-based private investment firm Tilia Holdings completed the acquisition of Fort Wayne, Indiana-headquartered Ellison Bakery from the Ellis family and a group of private equity investors including Blackford Capital and Promus Equity Partners. Ellison is a manufacturer of cookies, crunches, inclusions and bars serving retail, foodservice and private label customers; management will remain in place and debt financing was provided by Comerica and others.
- Buyers
- Tilia Holdings
- Targets
- Ellison Bakery
- Sellers
- Ellis family, Blackford Capital, Promus Equity Partners, Concentric Equity Partners, Baird Principal Group
- Industry
- Food & Beverage
- Location
- Indiana, United States
- Transaction Type
- Buyout
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