Rise Baking Company has new US owners in the form of Platinum Equity and Butterfly Equity. In a joint, equally-split ...

Rise Baking has made 10 acquisitions since its founding in 2013. Olympus initially invested in Rise Baking in 2018.

Rise provides cookies, pies, cakes, icings, muffins, crispy bars and more to retail bakeries, foodservice operators and ...

"We have built this company into one of the leading bakery platforms in North America thanks to the contributions of our ...

The baking company will be owned equally by Platinum Equity and Butterfly as it looks to continue its growth trajectory.

“Food manufacturing is very competitive. There's a lot of competition in this area,” said Becky Benjamin with Rise Baking Company. Companies like Rise Baking went in search of more workers at a job ...

U.S.-based private equity firm Platinum Equity — which partnered with another firm yesterday to announce the acquisition of ...

Here's a roundup of this week's news on food and drink in the Twin Cities: Cabana Club is planned for St. Anthony Main. The ...

Christine Kirby, executive director of the Home Baking Association, also said the explosion of videoconferencing during the ...

MINNEAPOLIS — Despite lower sales in its North America Retail business, General Mills Inc. said it strengthened market share ...

Global investment firm Platinum Equity and Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced the acquisition of Rise Baking Company ("Rise").

Platinum Equity and Butterfly have agreed to acquire Rise Baking Company, a Minneapolis-based supplier of bakery products. The seller is Olympus Partners. No financial terms were disclosed. Platinum ...