San Francisco, California, May 16th, 2024 – Encore Consumer Capital (“Encore”), a private equity firm that invests exclusively in leading consumer products companies, is pleased to announce the acquisition of Chalet Desserts (“Chalet”), in partnership with founder and CEO Dave Laukat and the existing management team.
Chalet, based in Sacramento, CA, is a specialty manufacturer of frozen bakery desserts and baked good inclusions that are sold into the in-store bakery at supermarkets and convenience stores as well as foodservice and ingredient end-markets.
“I am excited about the partnership with Encore and the experience they bring to the table,” said Chalet CEO, Dave Laukat. “With their support, I am looking forward to our next chapter of growth.”
Kate Wallman, Managing Director of Encore Consumer Capital, said, “We are excited to partner with Dave and the Chalet team. Chalet is a category leader and we look forward to supporting the growth of the business through add-on acquisitions, organic growth initiatives and investments in capacity.”
Chalet is actively seeking add-on acquisitions in the frozen baked good space. Please contact us about any opportunities that might be a fit.
ABOUT ENCORE CONSUMER CAPITAL
Encore Consumer Capital is a private equity investment firm focused on the consumer products industry. The firm has raised over $900 million in committed capital and invested in over 40 companies in the sector. Encore’s current and prior investments include food and beverage manufacturers and marketers, pet products companies, personal care/beauty companies, and food distribution companies. The firm targets companies with between $10 million and $150 million in annual revenues where Encore’s strong expertise in strategy development, brand marketing, manufacturing and supply chain optimization, and distribution expansion can drive performance.