Tilia Holdings Invests in Stone Ground Bakery; Stone Ground Merges with Wheat Montana

November 9, 2021

Tilia Holdings, a Chicago-based private investment firm focused on the food supply chain, announced a growth investment in Stone Ground Bakery and that Stone Ground will merge with Wheat Montana, a Tilia portfolio bakery. Stone Ground will continue to operate under its existing brand with co-owners Tammy Hines and Derrick Schmerse remaining in place, and the combined businesses will leverage Wheat Montana's distribution network to expand Stone Ground's reach across the Western United States.

Targets
Stone Ground Bakery
Platforms
Wheat Montana
Industry
Food & Beverage
Location
Utah, United States
Transaction Type
Addon

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