Specialty Bakers Acquired by HC Private Investments
Specialty Bakers, a provider of private label and branded baked goods, has been sold by Stonebridge Partners to HC Private Investments.
Founded in 1901 and based in Marysville, Pennsylvania, Specialty Bakers specializes in the production, distribution and marketing of niche baked goods, including dessert shells, French twirls, angel food cake, cake rolls and ladyfingers.
The company distributes its products to more than 25,000 doors within grocery and mass retail channels across the U.S. and also sells into Canada, Mexico and the Caribbean basin.
According to the company, the acquisition will help Specialty Bakers further scale and invest in its operations to meet increasing consumer demand for convenient, affordable, ready-to-eat baked goods. The addition of Specialty Bakers to HC Private Investments' portfolio will catalyze expansion within new product packaging formats and innovation within core existing product categories.