Target: Legacy Bakehouse LLC
Target Headquarters: Waukesha, WI
Acquirer: Benford Capital Partners
Acquirer Headquarters: Chicago, IL
Target Description: Legacy is an industry leader in the design and manufacture of superior and innovative baked snack products including snack mixes, bagel chips, pita chips, rye chips, and bread sticks, among others. For decades, the Company has been creating one-of-a-kind B2B and private label baked snack products for leading food brands, retailers, and food service companies. Legacy offers multiple highly efficient manufacturing services including contract manufacturing, seasoning, and packaging. In addition to B2B and private label operations, Legacy is the manufacturer and brand owner of Pinahs Rye Chips and Pinahs Snack Mixes.
Acquirer Description: Founded in 2004, Benford Capital is a Chicago-based private equity firm focused on buying and building leading lower middle market companies in partnership with founders and management. Since inception, Benford Capital has acquired over 40 companies, including several add-on acquisitions, and currently owns 15 platform companies.
Senior Deal Team: