Specialty Bakers’ recapitalization in September 2010 represents the fourth investment by Fund IV.
Tracing its roots back to 1901, Specialty Bakers is the primary producer of ladyfingers in the United States as well as a leading provider of other high-quality branded, in-store bakery, and private label baked products.
From two bakeries employing 250 people located in Marysville and Lititz, Pennsylvania, the Company manufactures and supplies a unique portfolio of specialty cakes and pies, including French Twirls™ (Crème Horns), Dessert Shells, Cake Rolls, Angel Food Cakes and a full complement of pre-baked frozen and unbaked frozen 4”, 8” and 10” pies.
Its products are distributed primarily to grocery stores, mass merchants and other retailers for sale in their “in-store” bakery sections. The Company’s pre-baked and unbaked pies and other items help minimize in-store labor for the retailer while meeting the end customer’s need for affordable, great-tasting dessert products.