Announced
Synopsis
Bain Capital Credit, an investment company, and EBITDA Investments, a food ecosystem fund, agreed to invest in Risk Capital-backed Bread Holdings, a holding company of the Bread Factory and GAIL's Artisan Bakery, a retail bakery and cafe. Financial terms were not disclosed. “GAIL’s is a premier brand in the growing craft bakery market. Its ability to supply high quality, fresh bakery products meals and drinks with a customer-focused culture drives GAIL’s strong brand following, like-for-like growth and expanding bakery network. We are thrilled to partner with industry pioneers Luke Johnson, Henry McGovern, Steven K. Winegar and Tom Molnar to support the GAIL’s Bakery and Bread Factory teams in achieving their goal of broadening access to high quality baked goods via new neighborhood GAIL’s. GAIL’s represents our third investment in food services in the past 18 months and is an important acquisition in our growing portfolio of mid-market businesses in Europe," Sandro Patti, Bain Capital Credit Director.
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