Announced
Completed
Financials
Tags
Friendly
United States
Food Products
Majority
cakes
Single Bidder
Completed
Private
Domestic
Acquisition
Private Equity
Synopsis
Kohlberg & Company, a private equity firm, completed the acquisition of DecoPac, a supplier of cake decorations to professional cake decorators and bakeries, from Snow Phipps Group, a private equity firm. Financial terms were not disclosed. “A business with DecoPac’s market position and distribution capabilities represents a unique investment opportunity. We look forward to supporting Cindy and her team as they continue to execute their plan for growth in its core business and its technology platforms, while continuing to provide their customers with best-in-class service. We look forward to a continuation of the success experienced under Snow Phipps’ leadership," Seth H. Hollander, Kohlberg Partner.
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