CHICAGO — Brown Gibbons Lang & Co. (BGL), an independent investment bank and financial advisory firm with experience in the food and beverage industry, announced the official sale of Specialty Bakers, a provider of branded and private label baked goods, to HC Private Investments.
Specialty Bakers, based in Marysville, PA, produces niche baked goods, such as Dessert Shells, French Twirls and Ladyfingers, for more than 25,000 distributors across the conventional grocery and mass retail channels nationwide.
The acquisition will enable Specialty Bakers to further scale operations and make key investments to meet increasing consumer demand for convenient, affordable, ready-to-eat baked goods. The addition to HC Private Investments’ portfolio will catalyze the company’s expansion into new packaging formats and innovation within existing categories.
BGL’s Food and Beverage investment banking team — which served as the exclusive financial advisor to Specialty Bakers —has extensive knowledge and transaction experience in the industry, representing companies across the entire food and beverage landscape.