Personal equity company snags Ne-Mo’s Pastry shop

AUSTIN, TEXAS– Personal equity company Cotton Creek Capital has actually obtained Ne-Mo’s Pastry shop, LLC, a manufacturer of cakes, cookies, cinnamon rolls and other sweet baked items for corner store, merchants, dining establishments and hospitality consumers. Financial regards to the deal were not divulged.

Ne-Mo’s stated the acquisition will enable it to speed up development with production capability and item development. The business’s items presently are provided in more than 50,000 corner store throughout the United States. Headquartered in San Diego, Ne-Mo’s runs 2 centers in Escondido, Calif.

” We are thrilled to partner with Cotton Creek,” stated Mike Chaignot, ceo of Ne-Mo’s. “A shared dedication to functional quality and industrial financial investment will enable us to more broaden our market existence, purchase brand-new items, and continue developing on Ne-Mo’s enduring custom of providing scrumptious, top quality baked items. Cotton Creek’s comprehensive experience in baked items made them the perfect partner for Ne-Mo’s.”

Based in Austin, Cotton Creek purchases lower middle market business in the food and drink, facilities services, specialized chemical, structure items, and commercial service sectors. Its food and drink holdings consist of Sterling 1971 Holdings, Inc., a San Antonio-based specialized bakeshop items maker that provides shelf-stable baked foods and gourmet-quality products to the food market.

” Mike (Chaignot) and his group have actually a constructed an extraordinary brand name understood for its separated, top quality items,” stated Antonio DiGesualdo, handling partner at Cotton Creek. “We eagerly anticipate supporting Ne-Mo’s as it presents its cakes and breads to an expanded customer population.”