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Farmer x Baker 1101 Powers Run Rd., Fox Chapel. rootandheartfarm.com Farmer x Baker, the popular riverside eatery, opened its brick and mortar location, Farm to...
L Catterton acquires Kodiak Cakes Park City — L Catterton, the largest global consumer-focused private equity firm, today announced that it has acquired Kodiak Cakes (“Kodiak” or the “Company”), a fast-growing food business built on a mission to inspire healthier eating and active living. Terms of the transaction were not disclosed. Kodiak’s existing shareholders, including Sunrise Strategic Partners, Trilantic North America, and the Company’s founders and management team, will continue to own a significant minority stake in the Company going forward. Kodiak tra...
L Catterton Acquires Kodiak Cakes Positions High-Growth, Better-for-You Food Brand for Continued Expansion and Innovation With a Loyal Following from the Active, Modern Consumer, Company is Poised to Broaden Leadership Across Categories News provided by Share this article PARK CITY, Utah and GREENWICH, Conn., May 25, 2021 /PRNewswire/ -- L Catterton, the largest global consumer-focused private equity firm, today announced that it has acquired Kodiak Cakes ("Kodiak" or the "Company"), a fast-growing food business built on a mission to inspire healthier eating and active living. Terms of the...
Dive Brief: Pancake maker Kodiak Cakes is being acquired by private equity firm L Catterton for an undisclosed amount, the companies said in a statement. Kodiak has expanded into waffle mixes, frozen waffles, oatmeal, baking mixes and a variety of snacking products. Its better-for-you offerings are currently sold in 26,000 retail locations, including Target, Walmart and Costco. The sale comes as the pandemic has increased consumer demand for healthier products. At the same time, people are spending more time at home making food, with breakfast among the biggest beneficiaries. Dive Insight:...
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