McColl Partners, LLC ("McColl Partners") acted as financial advisor to Specialty Bakers, Inc. ("Specialty Bakers" or the "Company") in its recapitalization with Stonebridge Partners ("Stonebridge"). The recapitalization will enable the management team of Specialty Bakers to partner with Stonebridge and continue to execute on the Company's strategic plan.
About Specialty Bakers, Inc.
Tracing its roots back to 1901 and headquartered in Marysville, Pennsylvania, Specialty Bakers (the primary producer of ladyfingers in the United States) is a leading provider of high-quality branded, in-store bakery, and private label baked products. From two bakeries located in Marysville and Lititz, Pennsylvania, the Company manufactures and supplies a unique portfolio of specialty cakes and pies, including French Twirls™ (Crème Horns), Dessert Shells, Cake Rolls, Angel Food Cakes and a full complement of pre-baked frozen and unbaked frozen 4", 8", and 10" pies. The Company's products are distributed primarily to retail supermarkets and food service distributors as well as co-packed for other manufacturers.
About Stonebridge Partners
Stonebridge has over 24 years of experience recapitalizing and supporting the growth objectives of middle-market manufacturing companies. Taking an active, hands-on approach to value creation, Stonebridge has invested approximately $850 million of capital in over 50 acquisitions.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family-owned businesses, private equity groups, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about this transaction, please contact Lorin DeMordaunt or Matt Preece at 704-333-0525. More information about McColl Partners can be found at www.mccollpartners.com.
