Dessert Holdings acquires ACC in US

US-based Dessert Holdings has acquired Atlanta Cheesecake Company (ACC) for an undisclosed price.

Dessert Holdings was created by the San Francisco-based private equity firm Gryphon Investors (Gryphon) for acquiring companies and to strengthen its footprint in the dessert brands platform.

Established in 1988 in Kennesaw, Georgia, ACC has been manufacturing frozen cheesecakes for in-store bakeries and frozen food sections at prominent grocery and club food stores in North America.

ACC president Meg Sapp said: “As a family-owned business, it is so important to us that we have the respect of our customers and our community.

“We are confident that the team at Dessert Holdings shares our values and our commitment to delivering innovative desserts of the highest quality, and we look forward to a partnership that will bring Atlanta Cheesecake Company products to even more people.”

As per the terms of the deal, ACC will continue to operate under its own brand and its management team will remain in place.

ACC will also retain its manufacturing facility in Kennesaw.

Dessert Holdings noted that ACC will join The Original Cakerie and Lawler’s Desserts, which were acquired by Gryphon.

The Original Cakerie manufactures frozen desserts for retail and foodservice customers across North America, while Lawler’s Desserts produces gourmet cheesecakes, cakes and pies that are distributed to restaurant chains, foodservice distributors, and major grocery retailers.

Dessert Holdings CEO Paul Lapadat said: “ACC is a perfect complement to the other companies and brands in our platform, expanding our product offerings, geographic footprint, and retail customer network.

“I look forward to working with the ACC team as we continue to build the preeminent premium dessert company for the retail and foodservice industry across North America.”