Swander Pace Capital-backed Café Valley, a high-quality baked goods manufacturer, completed the acquisition of Freed’s Bakery, a bakery studio. Financial terms were not disclosed. “This is truly an exciting time to be in the bakery business. This product range expands our leadership position in bakery, broadens Café Valley’s business platform and strengthens synergies and economies of scale while also helping us continue to deliver high quality products and services. The acquisition is a perfect fit and direct complement to Café Valley’s existing products. Mini iced cupcakes are a core offering in many retailers across the country and drive significant excitement to the in-store bakery category through innovation and multiple seasonal offerings,” Brian Owens, Café Valley CEO.