Gryphon Investors acquires majority stake in The Original Cakerie
Gryphon Investors has acquired a majority interest in The Original Cakerie, a Canadian manufacturer of frozen desserts for retail and food service customers. No financial terms were disclosed for the deal, which is expected to close this month. BMO Capital Markets provided financial advice to Gryphon on the transaction, while Houlihan Lokey did likewise for the company. Based in Delta, British Columbia, The Original Cakerie serves more than 300 customers in the United States and Canada. Gryphon Partner Dennis O’Brien said the company is "a uniquely attractive platform for expansion in the North American baked goods sector."
30 November 2015•4 mins read
