Nonni’s, a portfolio company of Chicago-based private equity investment firm Wind Point Partners, has acquired La Dolce Vita. Wind Point acquired Nonni’s in February 2011 in partnership with CEO Dave Beré. Based in Glendale, Ariz., La Dolce Vita manufactures artisanal Italian biscotti and specialty cookies.
Nonni’s, a portfolio company of Chicago-based private equity investment firm Wind Point Partners, today announced the acquisition of La Dolce Vita.
Nonni’s produces premium, specialty cookies including Nonni’s biscotti, the leading brand of biscotti in the U.S. Wind Point acquired Nonni’s in February 2011 in partnership with CEO Dave Beré. Dave is a seasoned food industry executive whose past leadership positions include Dollar General, Bakery Chef (a Wind Point portfolio company), McCain Foods and Quaker Oats.
Based in Glendale, Ariz., La Dolce Vita manufactures artisanal Italian biscotti and specialty cookies. La Dolce Vita is Nonni’s second acquisition; it acquired THINaddictves, a producer of specialty thin biscotti cookies, in January 2012.
The La Dolce Vita acquisition gives Nonni’s the increased capability to innovate and support the growing demand for specialty cookies such as biscotti. “La Dolce Vita’s baking process allows the development of specialty items, seasonal and promotional products, and new flavors. The acquisition is a great opportunity to leverage Nonni’s operational experience to expand production of La Dolce Vita’s products, while maintaining the brand’s authentic, artisanal quality,” said Nonni’s CEO Dave Beré.
Mark Burgett, a managing director at Wind Point, added “Two key components of our value creation plan at Nonni’s were to expand distribution and to acquire complementary product lines. La Dolce Vita is an excellent fit because it positions Nonni’s to expand into specialty retailers and other areas of the grocery store.”
About Wind Point Partners
Wind Point Partners is a private equity investment firm that manages commitments of approximately $2.5 billion. Wind Point focuses on partnering with top caliber CEOs to acquire middle market businesses where we can establish a clear path to value creation. Additional information about Wind Point is available at www.windpointpartners.com.
Nonni’s is the leading producer, marketer and distributor of branded premium biscotti in the U.S. The company operates facilities in Ferndale, New York and Tulsa, Oklahoma. More information about Nonni’s is available at www.nonnisfoods.com.
About La Dolce Vita
La Dolce Vita was founded in 1993 by Italian born Paola Tulliani and her daughter Renee, to produce gourmet Italian biscotti and specialty cookies. Today La Dolce Vita produces over five million pounds of biscotti a year from their facility in Glendale, Ariz. More information about La Dolce Vita is available at ladolcevitabiscotti.com.