General Mills Acquires TNT Crust from Peak Rock Capital

Upper Crust Food Service Acquires Campus Cooks

January 10, 2024

Restaurants & Hospitality

Upper Crust Food Service, LLC has acquired Campus Cooks, LLC, combining two leading providers of contract food service management for fraternity and sorority houses and summer camps. The combined company will serve over 550 accounts across 45 states and leverage more than 1,000 food service professionals to expand service capacity and strengthen market leadership in the Greek and camp food service segment.

Peak Rock Capital Affiliate Acquires Turkey Hill Dairy from The Kroger Co.

April 29, 2019

Food & Beverage

An affiliate of Peak Rock Capital completed the acquisition of Turkey Hill Dairy from The Kroger Co. Turkey Hill, headquartered in Conestoga, Pennsylvania, is a manufacturer and distributor of ice cream and refrigerated drinks; Peak Rock said it will operate Turkey Hill as a standalone platform and pursue organic growth and complementary acquisitions.

Upper Crust Food Service Acquires College Fresh, Inc.

January 8, 2025

Food & Beverage

Upper Crust Food Service has acquired College Fresh, Inc., combining two leading contract food service providers that serve fraternities, sororities and camps across the United States. The combined business will operate across 45 states and more than 100 college campuses, leveraging 2,000+ food service professionals; financial terms were not disclosed. Adam Guy will lead the combined company as CEO and Jack Dawson (former College Fresh President) has joined as President and shareholder.

Crispy Filled Inc. Raises Growth Capital as Management and New Investors Buy Out L2M Brands

June 7, 2022

Food & Beverage

Crispy Filled Inc. (formerly Rösti LLC) received an infusion of growth capital while Rösti’s management and an unnamed investor group bought out business partner L2M Brands for an undisclosed sum. The company reorganized under the Crispy Filled Inc. name and appointed Stephen Caldwell as CEO to accelerate product innovation and expand retail and foodservice distribution.

Murry's (Encore Consumer Capital) Acquires Bake Crafters

October 10, 2022

Food & Beverage

Murry's Inc., a portfolio company of Encore Consumer Capital, has acquired Bake Crafters Food Company, a McDonald, Tennessee-based manufacturer and distributor of baked goods that sells primarily into K-12 foodservice and other institutional channels. The transaction closed on April 1, 2022; Encore said the deal is a strategic add-on to expand Murry's capabilities and presence in the K‑12 and institutional foodservice market, and Murry's also hired Jeff Ahlers as CEO to support integration and growth.

Tide Rock Acquires Glenn Wayne Wholesale Bakery

August 13, 2024

Food & Beverage

Tide Rock, an unlevered buyout firm, has acquired Glenn Wayne Wholesale Bakery, a family-owned full-line bakery manufacturer based in Bohemia, New York. The acquisition gives Tide Rock a manufacturing platform with a 40,000 sq. ft. facility and multiple food-safety certifications (including gluten-free), enabling expansion of customer reach and new product capabilities.