The Sicilian Baker Asset Profile

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Location

Phoenix AZ US

Primary Industry

Food

About

Based in Arizona, US, The Sicilian Baker serves pastries and desserts of different varieties through its restaurant chain to its customers. In October 2022, Mercato Partners acquired a majority stake in The Sicilian Baker from Hash Kitchen. The bakery was developed by Chef Joey Maggiore, along with his wife and lead designer Cristina Maggiore, and business partner Flora Tersigni. The company offers a wide range of desserts and pastries which includes tiramisu, lobster tails, New York cheesecake, and sfogliatelle. Additionally, it serves cookies of different varieties such as amaretti, Italian wedding, and tony’s almond. Furthermore, the firm provides the option to its customer where they can build its own cannoli bar by choosing the size, shell, and filling of their choice. The firm is operational in various locations such as Phoenix, Chandler, and Peoria.

Current Investors

Mercato Partners

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Primary Industry

Food

Sub Industries

Snack Foods, Other Food Products, Bakery Products

Website

www.thesicilianbaker.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Buyout

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	The Sicilian Baker	12 Oct 2022

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