Olympus Partners, CT based private equity firm, completed the acquisition of Rise Baking, which produces bakery products, from Arbor Investments. Financial terms were not disclosed. Rise's impressive track record of product innovation, consistently high-quality service, and food safety have made them a premier supplier to the in-store bakery, foodservice and convenience channels in North America. “The Rise management team has built a remarkable business that has led to impressive growth across all of its products and customers. Rise is a well-invested and highly attractive business in the bakery sector. We are thrilled to back this team as they continue to grow their existing business and pursue transformational acquisitions.” Mike Horgan, Olympus Partner.