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Industry News

Monroe Capital supports growth of Sweetmore Bakeries

Sweetmore manufactures baked goods for ISB, foodservice, and club channels.

By SF&WB Staff
Monroe Capital supports recapitalization of Sweetmore Bakeries

Courtesy of Sweetmore Bakeries

June 10, 2025

Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization and growth of Sweetmore Bakeries by Shore Capital Partners.

Headquartered in Park Ridge, IL, Sweetmore manufactures a diverse array of baked goods through its family of bakeries, offering products that accommodate specific customer needs in frozen dough and batter, fully baked thaw-and-serve, and shelf-stable formats to customers in the in-store bakery, foodservice, and club channels. Sweetmore is comprised of five current operating segments: Main Street Gourmet, Biscotti Brothers, Meurer Brothers, Sweet Eddie’s, and Azteca Bakeries. 

Monroe Capital LLC is an asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity.


Related: Swander Pace Capital acquires Maple Donuts

KEYWORDS: acquisition foodservice

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