SAN FRANCISCO — Private equity firm Encore Consumer Capital announced the acquisition of Sacramento, CA-based Chalet Desserts, a specialty manufacturer of frozen bakery desserts and other baked goods.
Dave Laukat, founder and CEO of Chalet Desserts, and the existing management team struck the partnership.
“I am excited about the partnership with Encore and the experience they bring to the table,” Laukat said. “With their support, I am looking forward to our next chapter of growth.”
“Chalet is a category leader, and we look forward to supporting the growth of the business through add-on acquisitions, organic growth initiatives and investments in capacity.” — Kate Wallman | managing director | Encore Consumer Capital
Chalet Desserts’s offerings are sold in supermarkets’ in-store bakeries as well as foodservice and ingredient end markets.
“We are excited to partner with Dave and the Chalet team,” said Kate Wallman, managing director of Encore Consumer Capital. “Chalet is a category leader, and we look forward to supporting the growth of the business through add-on acquisitions, organic growth initiatives and investments in capacity.”
In addition to this private equity deal, the baking company is actively seeking add-on acquisitions in the frozen baked goods space.
