Chicago-based Arbor Investments acquired Best Maid Cookie Co., Inc., a frozen cookie dough manufacturer based in River Falls, Wis. Terms of the sale were withheld.
Best Maid Cookie provides custom-formulated, gourmet-quality baked cookies and pre-portioned cookie dough products made with the freshest ingredients, available in the foodservice, convenience store and fundraising channels across the United States.
Arbor Investments partnered with Deb Dartsch, Best Maid Cookie’s chief executive officer and daughter of founder, and president Ron Thielen, both of whom will continue to manage Best Maid. The company will also continue to operate out of its existing 100,000-square-foot manufacturing facility.
Best Maid Cookie will join Arbor Investment's Le Petit Pain baking platform, which includes New French Bakery, Inc., a Minneapolis-based commercial bakery that manufactures take-and-bake and fresh artisan breads. The Le Petit Pain platform is overseen by operating partner Mike Schultz, a 20-year executive in the baking industry.
"Best Maid enjoys a distinguished reputation in the sweet goods industry for product quality, innovation and customer service," says Brody Lynn, vice president at Arbor Investments. "The company's management and employees have built a remarkable business and culture, and the complimentary product offerings at New French Bakery will enable both companies to provide greater service to their customers."
"We are elated to be partnering with Arbor. Their extensive and unparalleled experience in the food industry, and in particular the baking segment, made them a perfect fit for Best Maid, our management team, employees and customers," saysDartsch. "Over the past 70 years, the company has experienced tremendous growth adhering to our core principles, and we look forward to Arbor continuing that legacy and leading us in our next phase of growth."