Olympus Partners-backed Rise Baking Company completed the acquisition of FGF Brands and two pie facilities from Wonder Brands Holdings.

Olympus Partners-backed Rise Baking Company, a North American bakery manufacturer, completed the acquisition of FGF Brands, a scaled, full-line pies platform, and two pie facilities from Wonder Brands Holdings, a company focused on developing digital brands, operating primarily in the e-commerce industry. Financial terms were not disclosed. "Rise prides itself on a culture of customer focus, teamwork, and innovation. Expanding into the Pie category continues to broaden our portfolio, giving Rise a greater presence in the bakery market and enabling us to provide even greater service across all major categories to drive growth and strengthen key customer relationships," Brian Zellmer, Rise Baking Company CEO.