Tilia Holdings, a Chicago-based private investment firm focused on business-to-business services for the food supply chain, completed the acquisition of Ellison Bakery, a bakery solutions provider for the retail, food service, and private label end markets. Financial terms were not disclosed. "We are thrilled to be partnering with Tilia in the next phase of Ellison’s growth and value creation. Tilia’s extensive food experience, wealth of knowledge, and alignment of core values made them the clear choice to partner with Ellison," Stephanie Chattillion, Ellison CEO.