Following the successful acquisition and relaunch of the iconic Chipwich brand, Crave Better Foods has plans to continue to refine and reintroduce well-known brands to consumers with the help of Cambridge Savings Bank (CSB). The full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a revolving line of credit to Crave Better Foods, LLC, a provider of premium ice cream cookie sandwiches and frozen novelties located in Stamford, Connecticut.
In collaboration with private equity firm, Cannon Capital, the company acquired the Original Chipwich trademark in 2017 and has since updated the ingredients and been distributing the product in stores across the country.