Kohlberg & Enterprise Acquires DecoPac from Snow Phipps Team, LLC

ANOKA, Minn.–(Organization WIRE)–DecoPac, Inc. (“DecoPac”), the world’s biggest supplier of cake decorations and related solutions to qualified cake decorators and bakeries, introduced now that it has been acquired by Kohlberg & Organization, L.L.C. (“Kohlberg”), a non-public equity business headquartered in Mount Kisco, NY, from Snow Phipps Group, LLC (“Snow Phipps”).

Headquartered in Anoka, Minnesota, DecoPac provides cake-decorating substances and items to in-shop bakeries in supermarkets around the globe. Its merchandise are utilised to make decorated cakes for celebrations like birthday get-togethers and graduations. DecoPac presents a wide variety of edible and non-edible products and solutions, such as sprinkles, fondant, pastry baggage, and several inedible figurines. DecoPac also gives proprietary tech-enabled platforms like PhotoCake, which allows bakeries to print edible, customizable images on to baked goods, and Cakes.com, which allows shoppers to personalize and buy baked products online. With close to 650 staff members, DecoPac operates a few facilities that provide point out-of-the-artwork warehousing, producing and logistics abilities – found in Anoka, MN Fife, WA and Ashington, England.

“We are incredibly grateful for Snow Phipps’ help and assistance in excess of the previous 3 and a half decades, as the organization has flourished. The transition from the profitable possession of the founding McGlynn loved ones to Snow Phipps was a full achievements and positioned DecoPac for ongoing expansion and price-generation. Our long run is incredibly vibrant with Kohlberg,” mentioned Cindy Mahoney, CEO of DecoPac. Mahoney included, “Kohlberg is dedicated to investing in DecoPac to make us an even more robust firm with more abilities. With our globe class capabilities, proprietary engineering platforms and skilled management group, DecoPac is perfectly positioned to consider edge of advancement chances in the current market.” “DecoPac is an undisputed marketplace chief that provides innovation to basic and enduring traditions for celebrations. It has been our enjoyment to have contributed to their the latest good results and transition from family possession,” reported Alan Mantel, Companion of Snow Phipps.

Seth H. Hollander, Spouse of Kohlberg commented, “A organization with DecoPac’s market place situation and distribution capabilities represents a special financial commitment option. We glimpse forward to supporting Cindy and her crew as they keep on to execute their plan for advancement in its main business and its technology platforms, when continuing to deliver their consumers with best-in-course services. We glimpse forward to a continuation of the results professional below Snow Phipps’ leadership.”

Users of DecoPac’s administration group, together with previous CEO and recent Chairman John Anderson, and the McGlynn Relatives, will be investing alongside Kohlberg in the transaction. Mr. Anderson will keep on to provide on DecoPac’s board of administrators.

About DecoPac

DecoPac is the preeminent provider and marketer of decorating options for bakeries, professional cake decorators and cake-decorating lovers across the U.S., Canada and Europe. DecoPac, by its field-foremost, proprietary electronic, world wide web-dependent technologies, reaches North American suppliers as nicely as much more than 20,000 independent bakeries and modest in-retail outlet chains in North America. DecoPac’s proprietary systems and extensive portfolio of licenses enables consumers to present personalized baked products with brief turnaround moments, whilst in-retailer kiosks and on the internet ordering software make it straightforward for buyers to purchase cakes at any time and everywhere. The Corporation retains vital licenses to use some of the world’s most recognizable enjoyment models and professional sporting activities leagues. The Company was formed in 1982 as an interior provider of cake decorations to McGlynn’s Bakery stores, a family-owned bakery founded in 1919.

About Kohlberg & Company, LLC

Kohlberg & Firm, LLC (“Kohlberg”) is a leading private equity company headquartered in Mount Kisco, New York. Considering the fact that its inception in 1987, Kohlberg has organized nine private equity cash, through which it has lifted above $10 billion of fully commited fairness funds. More than its 34-calendar year record, Kohlberg has completed 85 platform investments and over 200 add-on acquisitions, with an aggregate transaction value of almost $30 billion. For more data, make sure you go to www.kohlberg.com.

About Snow Phipps Team, LLC

Snow Phipps is a non-public equity firm focused on decreased center-sector management investments with $2.4 billion of overall funds commitments raised due to the fact its founding in 2005. The organization pursues a system of active strategic and operational administration by partnering with committed senior executives and strong management groups. Snow Phipps targets corporations exactly where there are numerous natural and organic and inorganic possibilities to go after transformational growth in interesting sub-sectors across Specialty Production and Company Companies. For far more information and facts, you should go to www.snowphipps.com.