PE Deals

SPC-backed Cafe Valley acquires cupcakes maker Freed’s Bakery

Café Valley is a maker of bakery products.

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  • Cafe Valley was founded in 1986
  • Swander Pace Capital targets the consumer sector
  • SPC has raised cumulative equity commitments of approximately $2.2 billion since 1996

Café Valley Inc., which is backed by Swander Pace Capital, has acquired Freed’s Bakery, a manufacturer of iced mini cupcakes for national and regional retailers. No financial terms were disclosed.

“The Freed’s acquisition is a value-enhancing add-on for the Café Valley investment platform and strengthens our position in our diverse channels, including in-store bakery, convenience and foodservice. We will continue to look for interesting investment opportunities within the bakery category to further establish Café Valley as a value-added partner to our retailers and foodservice customers,” said Café Valley Board Chairman and Swander Pace Capital Managing Director Tyler Matlock, in a statement.

Founded in 1986, Café Valley produces high-quality bakery products for in-store bakeries, club stores, foodservice and convenience stores throughout North America.

Swander Pace Capital targets the consumer sector. SPC has raised cumulative equity commitments of approximately $2.2 billion since 1996.