Bain Capital Private Equity’s Acquisition of Dessert Holdings

Ropes & Gray and Fasken represented Bain Capital Private Equity in the transaction.

Bain Capital Private Equity executed its acquisition of Dessert Holdings, North America’s leading premium dessert company, from Gryphon Investors. Terms of the transaction were not disclosed. 

Based in St. Paul, Minnesota, Dessert Holdings is an umbrella organization of three premium dessert companies and brands: The Original Cakerie, Lawler’s Desserts and Atlanta Cheesecake Company. Bain Capital invests across asset classes including credit, public equity, venture capital and real estate, managing approximately $130 billion in total assets. Bain Capital has 22 offices on four continents.

The Ropes & Gray team that advised Bain Capital Private Equity was led by private equity partners Charlie Boer (Picture), Elizabeth Gallucci and Will Shields, and included debt finance partner Byung Choi and debt finance associate Scott Rolnik, tax partner Pamela Glazier, life sciences, regulatory and compliance partner Kellie Combs and real estate partners Peter Alpert and Rich Gordet.

Fasken, led by Neil Kravitz and Antonella Penta, assisted Bain Capital on Canadian aspects of the transaction.

Involved fees earner: Neil Kravitz – Fasken Martineau; Antonella Penta – Fasken Martineau; Peter Alpert – Ropes & Gray; Charles Boer – Ropes & Gray; Byung Choi – Ropes & Gray; Kellie Combs – Ropes & Gray; Elizabeth Gallucci – Ropes & Gray; Pamela Glazier – Ropes & Gray; Richard Gordet – Ropes & Gray; Scott Rolnik – Ropes & Gray; William Shields – Ropes & Gray;

Law Firms: Fasken Martineau; Ropes & Gray;

Clients: Bain Capital Private Equity;

Author: Martina Bellini