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Announced

Completed

Bain Capital-backed Dessert Holdings completed the acquisition of Steven Charles — A Dessert Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Completed

Food Products

Acquisition

Majority

Private Equity

food products

United States

Domestic

Private

Single Bidder

Synopsis

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Bain Capital-backed Dessert Holdings, a manufacturer of frozen desserts, completed the acquisition of Steven Charles — A Dessert Company, a manufacturer of frozen dessert products. Financial terms were not disclosed. “Steven Charles has a heritage of creating and commercializing award-winning desserts and that commitment to excellence in innovation and service has fostered long-standing relationships with a number of the leading foodservice and retail operators in North America. We see an incredible opportunity to supplement these strengths to support Steven Charles’ domestic growth while also investing to expand the business globally," Paul Lapadat, Dessert Holdings CEO.

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