Elysian Capital completed the acquisition of Wholebake from Bridges Fund Management.

Elysian Capital, an independent private equity firm, completed the acquisition of Wholebake, a manufacturer and distributor of gluten-free snacks intended for healthy snacking, from Bridges Fund Management, a fund manager. Financial terms were not disclosed. “The snack bar market is a highly attractive and growing space as consumers continue to transition away from traditional confectionery into tasty and healthier alternatives. Wholebake is the go-to co-manufacturer for brands and retailed own label in the UK. We have been highly impressed by the team culture and community feel Peter and Simon have fostered, and the strength and calibre of the people across the whole organisation. Elysian are very pleased to be supporting the team as they continue to grow the business’s branded and own label offerings," Ken Terry, Elysian Capital Partner.