Rise Baking Company has new US owners in the form of Platinum Equity and Butterfly Equity. In a joint, equally-split ...

Global investment firm Platinum Equity and Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced the acquisition of Rise Baking Company ("Rise").

The baking company will be owned equally by Platinum Equity and Butterfly as it looks to continue its growth trajectory.

Platinum Equity and Butterfly have agreed to acquire Rise Baking Company, a Minneapolis-based supplier of bakery products. The seller is Olympus Partners. No financial terms were disclosed. Platinum ...

Rise Baking has made 10 acquisitions since its founding in 2013. Olympus initially invested in Rise Baking in 2018.

"We welcome the opportunity to partner with Platinum Equity and Butterfly as we continue to grow Rise Baking Company to serve our customers as their total bakery partner." Rise has completed 10 ...

MN-based Rise Baking Company ('Rise') announced that it has been acquired by global investment firms Platinum Equity and Butterfly. Founded in 2013, Rise is a leading provider of cookies ...

Rise Baking Company has new US owners in the form of Platinum Equity and Butterfly Equity. In a joint, equally-split transaction, the pair of investors have snapped up the Minneapolis-based ...