SAN DIEGO — Tide Rock, an unlevered buyout firm, announced its acquisition of Bohemia, NY-based Glenn Wayne Bakery, a family-owned and operated wholesale manufacturer of baked goods including donuts, muffins, Danish, pastries, cookies and brownies.
Established in 1990, the bakery’s commitment to efficient operations and quality has allowed it to become a nationwide distributor of baked goods.
“From our humble beginnings in a 1,000-square-foot building, we have always prioritized innovation and quality,” said Glenn Alessi, one of the founders of Glenn Wayne Bakery. “Over the years, we’ve invested heavily in building a strong business with high-quality products, operationally efficient processes and well-run facilities. Today, we are proud of our automated production processes, inventory management, and ordering systems, as well as our clean facilities and warehouse and our incredible employees. We look forward to working with Tide Rock to continue this legacy and achieve greater growth.”
The commercial bakery’s 40,000-square-foot facility and 6,000-square-foot warehouse location, positioned near key distributors and customers, offer ample growth opportunities for the company’s future.
“We are excited to add Glenn Wayne Bakery to the Tide Rock portfolio and help this successful company reach the next stage of growth,” said Brooks Kincaid, president of Tide Rock. “Glenn Wayne has tremendous opportunity to broaden its customer base and explore additional opportunities for expansion. The bakery market has proven to be one of the most resilient categories within the food industry, and their newly obtained gluten-free certification opens several new markets.”
