White Rhino Coffee Acquires Emporium Pies

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.

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.

Empire Equipment Company Acquires Empire Bakery Equipment Co.

July 14, 2023

Transportation

Empire Equipment Company acquired Long Island, New York-based Empire Bakery Equipment Co. to expand its wholesale distribution platform for commercial foodservice and bakery equipment, parts, and smallware accessories. The combined business will operate twelve distribution locations across the United States and broaden Empire’s product offering and Northeast logistics network.

Pie Guys Restaurants LLC Acquires Rapid Fired Pizza

October 22, 2021

Restaurants & Hospitality

Pie Guys Restaurants LLC, led by Mike Kern and Chip Hurst, has acquired Rapid Fired Pizza LLC from founder Ray Wiley. Rapid Fired Pizza is a Kettering, Ohio–based fast-casual pizza franchisor with roughly 33 locations across six states; the new owners plan franchise expansion and growth into non-traditional channels. Financial terms were not disclosed.

Tenex Capital Management Acquires JTM Foods (JJ's Bakery)

May 26, 2021

Food & Beverage

Tenex Capital Management announced an investment to acquire JTM Foods (dba JJ's Bakery), the largest manufacturer of handheld snack pies in North America. The transaction (supported by debt financing from lenders including Audax Private Debt and Varagon Capital Partners) will partner Tenex's operational expertise with JTM's co-manufacturing, private-label and branded snack-pie business to expand capabilities and growth.

Kaho Partners Acquires Kenny's Great Pies

April 8, 2020

Food & Beverage

Kaho Partners has acquired Kenny's Great Pies in partnership with the company's management team. The private equity firm said it will support geographic expansion, new customer wins and add-on acquisitions while founder Kenny Burts will remain involved as a senior advisor.