Minneapolis, Minnesota-headquartered Rise Baking Company has acquired Table Talk Pies. Terms of the deal were not disclosed.
A family-owned company since 1924, Worcester, Massachusetts-based Table Talk is one of the USA’s leading full-line pie producers, specializing in producing and distributing 4-inch pies that are flash-frozen, as well as 8-inch to 10-inch dessert pies.
Table Talk President Isaac Long commented: “Rise’s commitment to innovation and uncompromising quality aligns perfectly with our values, making this a win-win opportunity that sets Table Talk up for success going forward. We’re excited to bring our century of experience and expertise in the pie industry to the Rise platform, joining its trusted brands in delivering exceptional quality and continued growth. We remain committed to our customers, the partnerships we’ve built, and driving innovation in the category together.”
A portfolio company of the private equity firm Olympus Partners, Rise is a leading provider of premium cookies, icings, cakes, pies, muffins, brownies, dessert bars, artisan breads, and flatbreads in North America to retail bakeries, foodservice operators, and distributors.
“We’re excited to welcome Table Talk and its employees to the Rise team,” said Rise Baking Company CEO Brian Zellmer. “As our second pie acquisition, we’re eager to grow our slice of the pie industry, unlocking new possibilities while preserving the valued heritage of the Table Talk brand.”
Already under the Rise umbrella are brands including Brill, South Coast Baking, Best Maid Cookie Company, Henry & Henry, New French Bakery, Bakestone Brothers, and Karp’s. With the Table Talk acquisition, the combined business will now have 20 Rise Baking Company manufacturing facilities across the United States and Canada with an estimated 3,700 total employees.
“We’re thrilled to see Rise grow in the pie category, continuing to expand their offerings to better serve their customer base,” said Mike Horgan, partner at Olympus Partners. “The Rise team continues to demonstrate an exceptional ability to create and implement business strategies that grow their existing and newly acquired brands.”
