Announced
Synopsis
One Equity Partners, a middle market private equity firm, agreed to acquire CraftMark Bakery, a supplier of bakery products for quick service restaurants and in-store retail bakeries. Financial terms were not disclosed. “The North American frozen bakery space is a large, growing, and fragmented market in which OEP has previous experience. Our investment in CraftMark presents an opportunity to participate in the attractive foodservice and in-store bakery segments each with considerable growth potential,” Joseph Huffsmith, One Equity Partners Partner.
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