Bake Crafters Asset Profile

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Year established

1989

Location

TN US

Primary Industry

Food

About

Based in Tennessee, US, and founded in 1989, Bake Crafters operates as a provider of baked food products including bread, cookies, snacks, hot breakfast for schools, in-store bakeries, etc. In April 2022, Murry's, Inc., a portfolio company of Encore Consumer Capital, acquired Bake Crafters. It is having its representation in 50 states in the US and more than 420 million servings of whole grain products were used in the 2020-2021 school year. The company offers its baked goods for schools, restaurants, healthcare, etc. K-12 the products offered for schools include bread, cookies, snacks, hot breakfasts, sandwich bread, etc. with some smart snacks such as waffles, pancakes, etc. It also offers products like bread, breakfast bread, sandwich for lunch, etc under its food service solutions to restaurants, bakeries, hospitals, etc. The minimum order accepted by the firm is 2 pallets.

Current Investors

Murry's, Inc.

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Primary Industry

Food

Sub Industries

Bakery Products, Snack Foods

Website

www.bakecrafters.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Bake Crafters	01 Apr 2022

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