Swander Pace Capital has acquired Maple Donuts, a manufacturer of frozen bakery products, with Partners Capital and Constitution Capital Partners co-investing in the acquisition.
Maple Donuts specializes in private label donuts for retail and foodservice distribution, offering ready-to-sell and ready-to-finish donuts through various channels.
The company was founded in 1946 by Charles Burnside and is currently led by his sons and co-presidents Damian Burnside and Nathaniel Burnside, with grandson Luke Burnside as the executive vice president of sales.
Swander Pace Capital's acquisition of Maple Donuts marks its eighth platform and fifteenth investment in the bakery sector, showcasing the firm's interest in the food and beverage industry.