MINNEAPOLIS — Rise Baking Co. is grabbing another significant slice of the pie category with the acquisition of Worcester, MA-based Table Talk Pies. The news comes on the heels of the Minneapolis baking company’s purchase of two pie facilities from Wonder Brands Holdings Inc. and FGF Brands USA Inc. (Pies) late last year.
“We’re excited to welcome Table Talk and its employees to the Rise team,” said Brian Zellmer, CEO of Rise. “As our second pie acquisition, we’re eager to grow our slice of the pie industry, unlocking new possibilities while preserving the valued heritage of the Table Talk brand.”
Table Talk, which celebrates its 100th anniversary this year, is a family-owned company specializing in 4-inch snack pies and 8- to 10-inch dessert pies.
“Rise’s commitment to innovation and uncompromising quality aligns perfectly with Table Talk’s values, making this a win-win opportunity that sets Table Talk up for success going forward,” said Isaac Long, president of Table Talk. “We’re excited to bring our century of experience and expertise in the pie industry to the Rise platform, joining its trusted brands in delivering exceptional quality and continued growth. We remain committed to our customers, the partnerships we’ve built and driving innovation in the category together.”
“As our second pie acquisition, we’re eager to grow our slice of the pie industry, unlocking new possibilities while preserving the valued heritage of the Table Talk brand.”— Brian Zellmer | CEO | Rise Baking Co.
Rise — which produces premium cookies, icings, cakes, pies, muffins, brownies, dessert bars, artisan breads and flatbreads for retail bakeries, foodservice operators and distributors in North America — is a portfolio company of Olympus Partners, a private equity firm.
“We’re thrilled to see Rise grow in the pie category, continuing to expand their offerings to better serve their customer base,” said Mike Horgan, a partner at Olympus Partners. “The Rise team continues to demonstrate an exceptional ability to create and implement business strategies that grow their existing and newly acquired brands.”
Other brands under the Rise umbrella include Brill, South Coast Baking, Best Maid Cookie Co., Henry & Henry, New French Bakery, Bakestone Brothers and Karp’s. With the Table Talk acquisition, the combined business will now have 20 Rise Baking manufacturing facilities across the US and Canada with an estimated 3,700 total employees.
Read Table Talk’s cover story in the April 2024 issue of Commercial Baking.
