Consumer & Retail | Mergers & Acquisitions, Sponsor Related

Tate’s Completes Recap with Riverside Company

  • TM Capital served as exclusive financial advisor to Tate’s Bake Shop in its recapitalization with The Riverside Company, a global private equity firm with more than $4.6 billion of capital under management
  • Tate’s is a premium, consumer branded producer of gourmet baked goods renowned nationwide for its signature thin, crispy cookies
  • The Company has maintained a distinctive, home-style quality while achieving exceptional growth by strategically expanding distribution across multiple retail channels and geographies to meet fervent consumer demand
  • Founded by Kathleen King in a quaint Southampton, NY bake shop, Tate’s has established a preferred, national consumer brand through “word-of-mouth” recognition by devoted consumer advocates and widespread media acclaim
  • Tate’s retained TM Capital to explore alternatives in order to attract a value added partner to assist Kathleen King in capitalizing on the Company’s dynamic growth opportunities
  • The Riverside Company, a private equity investor in growth companies since 1988, expects to enhance distribution, production and marketing while retaining the Company’s entrepreneurial spirit and hands-on creativity

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Client Testimonial

Bringing on TM Capital was one of the smartest business decisions I've made. With their expert knowledge, insight, and kindness, the TM team smoothly brought us to the finish line with a partnering company that is a perfect fit for my business. I'm extremely grateful to TM Capital, and I look forward to the next chapter of growth for Tate's Bake Shop.”
 Kathleen King, Founder, Tate's Bake Shop