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Article Excerpt
High-End Dessert Maker Will Operate In Partnership with Awrey Bakeries, LLC
NEW YORK -- Monomoy Capital Partners, L.P., a New York private equity fund that makes controlling investments in middle market companies, announced today that it has acquired the assets and operations of Atkins Elegant Desserts, Inc. ("Atkins") in partnership with Hilco Equity Management, LLC. Atkins will work closely with Awrey Bakeries, LLC, a Livonia, Michigan bakery currently owned by Monomoy and Hilco, to provide high-quality baked goods to the food service, restaurant and retail markets. Terms of the transaction were not disclosed.
Atkins, located in Noblesville, Indiana, is a niche manufacturer of cheesecakes, layer cakes and brownies for the food service...
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