Private equity firm buys Gold Coast Bakeries
An affiliate of Peak Rock Capital, a middle market private equity firm, has acquired Gold Coast Bakeries, a producer of specialty and organic breads, buns, rolls, and sweet goods.
An affiliate of Peak Rock Capital, a middle market private equity firm, has acquired Gold Coast Bakeries, a producer of specialty and organic breads, buns, rolls, and sweet goods. Headquartered in Santa Ana, Calif., Gold Coast provides an array of fresh and frozen products to consumer packaged goods companies, grocery retailers, and foodservice customers. The company operates out of two facilities in California and Illinois, where it produces, packages, and distributes products nationwide.
Effective with the transaction, Rick Anderson has been named chief executive officer of the company. Anderson has extensive leadership experience in food and consumer packaged goods, most recently as president and CEO of Little Lady Foods in Illinois. Previously, he was the chief commercial officer at Aryzta and La Brea Bakery.
The acquisition of Gold Coast represents Peak Rock’s sixth investment in the food and beverage industry.