Graham Partners, a private equity firm, agreed to acquire Commercial Bakeries, a manufacturer and distributor of a wide range of sandwich biscuits and cookies along with packaging services. Financial terms were not disclosed. “After identifying the company through our Investment Theme Program, Graham had the opportunity to build a relationship with the former family owners and watch Commercial Bakeries develop over a two-year period of time. What ultimately attracted Graham to the company was its flexible manufacturing capabilities and track record of innovation. We are excited to have the opportunity to leverage our experience and industry resources as we seek to further accelerate the growth of the business,” Andrew Snyder, Graham Partners Managing Principal.