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New Deal


Announced

Completed

Dessert Holdings completed the acquisition of Dianne’s Fine Desserts from Geneva Glen Capital.

Financials

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

Tags

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United States

Majority

Food Products

Private Equity

Private

Domestic

Completed

Friendly

dessert brands

Acquisition

Single Bidder

Synopsis

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Dessert Holdings, a North America’s premium dessert company, completed the acquisition of Dianne’s Fine Desserts, a provider of premium frozen thaw-and-serve desserts, from Geneva Glen Capital, a Chicago-based private equity firm. Financial terms were not disclosed. “Dianne’s possesses a distinctive set of product capabilities and customer relationships that are highly complementary with Dessert Holdings. Dianne’s has an exceptional, innovative team that we are thrilled to welcome to the Dessert Holdings family,” Paul Lapadat, Dessert Holdings CEO.

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