One Equity Partners, a middle market private equity firm, today announced it has agreed to acquire CraftMark Bakery, a supplier of bakery products for quick service restaurants and in-store retail bakeries.

Based in Indianapolis, Indiana, CraftMark is a wholesale producer of bread dough, cookie dough, muffins, flatbread, baked cookies and filled dough for customers nationwide. CraftMark operates a modern, industry-leading, and highly automated bakery with seven production lines and over 500 million pounds of production capacity.

“We look forward to our partnership with One Equity, an investor with proven expertise in growing specialty baked goods businesses, to build out our operations and usher CraftMark into its next phase of growth,” said Kurt Seagrist, CEO of CraftMark Bakery. “OEP is an ideal partner as we seek to expand through organic growth and acquisitions.”

The transaction is expected to be completed in the second quarter, subject to customary closing conditions. Financial terms of the private transaction were not disclosed.

About CraftMark Bakery
CraftMark Bakery, a wholesale bakery located in Indianapolis, Indiana, is the leading innovator in private label bakery products. We tap into emerging consumer trends to develop memorable bakery experiences that connect with your customers and grow your business. We are the bakery category experts in frozen dough and batters and we manufacture delicious sweet and savory snacks for the foodservice and in-store bakery ISB markets, including thaw and sell individually-wrapped cookies, pre-deposited muffin batter, frozen pre-portioned cookie dough, freezer to oven sandwich carrier bread dough, toaster flatbreads, and other wholesale bakery products.