Skidmore, SouthPac Partners acquire Cinnaroll Bakeries

Canadian family office Skidmore Development Group and Canadian private equity firm SouthPac Partners have partnered in the acquisition of Cinnaroll Bakeries Ltd, a bakery and maker of gourmet cinnamon rolls. Terms weren't disclosed. Founded in 1987, Calgary's Cinnaroll markets Cinnaroll by Baker Boys, a wholesale maker of branded baked products, and CinnZeo, a network of café-style cinnamon roll stores. Skidmore and SouthPac said they will focus on accelerating the growth of Cinnaroll’s wholesale business in North America. They will also support the continued growth of the CinnZeo brand in North America and globally.

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