Legacy Bakehouse (Benford Capital) Acquires Angelic Bakehouse Operating Assets

Benford Capital Partners Acquires Legacy Bakehouse

April 11, 2023

Food & Beverage

Chicago-based private equity firm Benford Capital Partners has acquired Legacy Bakehouse, a Waukesha, Wisconsin-based developer and manufacturer of baked snack ingredients and the owner of the Pinahs brand. Benford will partner with Legacy President Peter Sardina, invest in operational capacity and sales capabilities, and pursue add-on acquisitions to grow the platform.

Legacy Bakehouse Acquires Classic Cookie

February 5, 2025

Food & Beverage

Legacy Bakehouse, a portfolio company of Benford Capital Partners, has acquired Mannon Specialty Foods, Inc. dba Classic Cookie, a Sevierville, Tennessee-based baker of premium cookies and brownies. The acquisition adds a 48,000–50,000 sq. ft. production facility, national retail distribution (including Walmart), and expanded sweet-snack capabilities to Legacy's growing bakery platform; financial terms were not disclosed.

Elysian Capital Acquires Majority Stake in Wholebake (Healthfull Holdings)

August 5, 2021

Food & Beverage

Elysian Capital III LP, in partnership with Wholebake management, has acquired a majority stake in Healthfull Holdings Group Limited (parent of Wholebake Limited) from Bridges Fund Management. The investment will support Wholebake's next growth phase—expanding its branded and own-label snack bar offerings and scaling its BRC AA-accredited manufacturing capability across its North Wales sites.

C.H. Guenther & Son Acquires Baldinger and Sons Bakeries

January 19, 2022

Food & Beverage

C.H. Guenther & Son LLC (CHG) has acquired Baldinger and Sons bakeries, expanding CHG's bakery manufacturing capacity and deepening relationships with quick service restaurant (QSR) customers across North America. The Baldinger-Sons management team will remain post-transaction; terms were not disclosed. CHG is owned by Pritzker Private Capital.

Lantmännen Unibake Acquires Boboli

September 12, 2025

Food & Beverage

Lantmännen Unibake has acquired Boboli, a Dutch savoury bakery specialist, to strengthen its presence in the bake-off and chilled savoury segment and add production capacity in the Netherlands. Boboli, headquartered in Bunschoten and employing around 200 people, has been supported by Gilde Equity Management for the past nine years.

HC Private Investments Forms Artisan Bakery Through Acquisitions of Snackwerks and Specialty Bakers

June 24, 2025

Food & Beverage

HC Private Investments, a Chicago-based family office, has acquired Snackwerks (Battle Creek, MI) and Specialty Bakers (Marysville, PA) to form Artisan Bakery, a national premium baked-goods and co-manufacturing platform. The deal brings together established in-store bakery distribution and advanced co-manufacturing/R&D capabilities to accelerate product innovation, packaging expansion and scale across retail and co-manufacturing channels; terms were not disclosed.