Kenex closes buy of Bubbies Homemade Ice Cream

Kenex Holdings said Jan. 4 that it completed its buy of Bubbies Homemade Ice Cream & Desserts Inc. Financial terms weren’t announced. Bubbies, of Aiea, Hawaii, makes mochi ice cream. Keith Robbins, who founded Bubbies in 1985, will remain a significant investor and will retain his unofficial title as "Mr. Bubbie" at industry trade shows moving forward. Tree Line Capital Partners provided financing. DLA Piper was Kenex’s legal counsel while RSM provided transaction advisory services. Cascadia Capital served as financial advisor to Bubbies and Joyce Ziker Parkinson provided legal counsel.

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