Swander Pace Merges Pineridge Bakery with Benevito Foods


Private equity investor Swander Pace Capital, which focuses on investments in mid-market consumer products firms, announced the acquisition of Toronto’s Benevito Foods Inc. by Pineridge Bakery Inc., also of Toronto. Pineridge, which oversees baked-goods manufacturers Gourmet Baker and Oakrun Farm Bakery, has been a portfolio firm of Swander Pace and Roynat Equity Partners since 2007. Benevito Foods previously received financing from NorthSpring Capital Partners.

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