Bain Capital completed the acquisition of Dessert Holdings from Gryphon Investors for $988m.

Bain Capital completed the acquisition of Dessert Holdings, a premium dessert company, from Gryphon Investors, a private equity firm, for $988m. “We are thrilled to partner with this experienced team and look forward to supporting Dessert Holdings as it develops new and innovative products, pursues organic growth and acquisition opportunities, and further strengthens its value proposition to existing and new customers,” Adam Nebesar, Bain Capital Managing Director.