Chef-inspired dessert innovator Dessert Holdings has finalised its acquisition of frozen thaw-and-serve producer Dianne’s Fine Desserts from Geneva Glen Capital, the next step in significantly expanding its basket of products for the foodservice industry.
The St. Paul, Minnesota company has added Steven Charles – A Dessert Company to its portfolio of companies, which includes The Original Cakerie, Lawler’s Desserts and Atlanta Cheesecake Company.
US private equity firm Bain Capital is leading the acquisition of Bread Holdings – the parent company of the upmarket UK coffeehouse chain – with input from EBITDA Investments and entrepreneurs Henry McGovern and Steven K. Winegar.
Dublin-headquartered Valeo Foods – which itself was bought by Bain Capital Private Equity (co-founded by politician Mitt Romney) for £1.5bn in May – has agreed to acquire New World Foods Europe (NWFE) from Australian FMCG entrepreneur Tony Quinn.
The North American producer of chef-inspired cakes and desserts for the retail and foodservice sectors has been acquired by private equity firm Bain Capital Private Equity for an undisclosed amount.