Platinum Equity and Butterfly to Acquire Rise Baking Company for Accelerated Growth
Acquiring Company
Platinum Equity
Acquired Company
Rise Baking Company
Beverly HillsMinneapolisFinancial ServicesManufacturingFood and BeverageGroceryRetailDescription
Global investment firm Platinum Equity and food-focused private equity firm Butterfly have announced the acquisition of Rise Baking Company. The acquisition aims to accelerate Rise's next chapter of growth, leveraging the financial and operational resources of Platinum Equity and Butterfly to expand Rise Baking Company's reach and offerings.
Quick answer
Platinum Equity is acquiring Rise Baking Company, announced September 17, 2024. Platinum Equity is based in Beverly Hills, California, United States.
- How much did Platinum Equity pay for Rise Baking Company?
- The deal value was not disclosed.
- What does Platinum Equity do?
- Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the..
- Where are Platinum Equity and Rise Baking Company based?
- Platinum Equity is based in Beverly Hills, California, United States. Rise Baking Company is based in Minneapolis, Minnesota, United States.
- Who are the decision-makers at Platinum Equity?
- Fundz holds 1 contact at Platinum Equity. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Rise Baking Company?
Rise Baking Company was acquired by Platinum Equity, based in Beverly Hills. The deal was reported on September 17, 2024. Platinum Equity is privately held and operates in Financial Services.
When did Platinum Equity acquire Rise Baking Company?
Platinum Equity's acquisition of Rise Baking Company was reported on September 17, 2024. Global investment firm Platinum Equity and food-focused private equity firm Butterfly have announced the acquisition of Rise Baking Company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rise Baking Company do?
It is privately held, operating in Manufacturing, and is based in Minneapolis.
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