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Brazilian steakhouse chain Fogo de Chão sold to Bain Capital

Brazilian steakhouse chain Fogo de Chão sold to Bain Capital
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Private Equity Firm Buys Cake Manufacturer Dessert Holdings


Image courtesy of Pixabay
Representative image
Bain Capital Private Equity is acquiring the St. Paul, MN-based premium dessert company for an undisclosed sum.
Investment firm Bain Capital Private Equity entered into a deal to purchase the premium dessert company Dessert Holdings from Gryphon Investors for an undisclosed sum.
The St. Paul, MN-based manufacturer produces premium dessert products under three brands: The Original Cakerie, Lawler’s Desserts, and Atlanta Cheesecake Company. The Original Cakerie has two locations in Vancouver, BC and London, ON and Lawler Desserts cheesecake, layer cakes, pies and other products are made at a site in Humble, TX. Premium cheesecakes and fusion desserts are produced for the Atlanta Cheesecake brand at a Kennesaw, GA facility. ....

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Dessert Holdings acquisition signals fresh start for bakery-to-go and eat-in


Dessert Holdings acquisition signals fresh start for bakery-to-go and eat-in
Bain is reportedly betting $1bn on high-end desserts. Pic: GettyImages/CircleCreativeStudio
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.
The deal – pegged at $1bn by DealBook – is indicative that prospects for the bakery-to-go and eat-in space are starting to look rosy again.
St. Paul, Minnesota-based Dessert Holdings is an umbrella organisation of three premium dessert companies that service more than 250 customers in the foodservice and retail channels in the US, Canada, Mexico, the Caribbean, South America and Asia. ....

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