Café Valley, a manufacturer of croissants, cakes, muffins, and other sweet baked goods to retail and foodservice channels across the United States and Canada, received an investment from Swander Pace Capital.
The amount of the deal was not disclosed.
Current CEO and industry veteran Brian Owens will continue to serve as chief executive, working closely with Swander Pace to grow the company by strengthening its customer partnerships, investing in new product innovation, and expanding its distribution footprint across North America.
Founded in 1986, Café Valley produces bakery products for in-store bakeries, club stores, food service and convenience stores throughout the world. Their products include croissants, muffins, Bundt cakes, ring cakes, loaf cakes, Danishes, turnovers and café bites. With facilities in Phoenix, Arizona and Marion, Indiana, Café Valley products are available to mass retailers throughout the U.S.
The company has two production facilities in Phoenix, AZ and Marion, IN.
Swander Pace Capital is a private equity firm that invests across three domains of consumer lifestyles: Food + Beverage, Body + Wellness, and Home + Family. With offices in San Francisco, New Jersey, and Toronto, SPC has invested in more than 45 companies and raised cumulative equity commitments of approximately $1.8 billion since 1996.
FinSMEs
10/09/2019