Cotton Creek Capital, a private equity firm based in Dallas, has acquired San Antonio-based Sterling Foods, a manufacturer of specialty bakery products. The transaction closed on March 30; financial terms were not disclosed.
Founded in 1971, Sterling Foods supplies baked gourmet bakery products to the food industry, including cakes, croissants, bagels, muffins, scones and specialty dessert items. The company also supplies shelf-stable bakery products to the U.S. military, and provides products to restaurant chains throughout the country, the weight management industry and the K-12 educational market. It has manufacturing facilities in San Antonio; Azusa, CA; and Union City, CA.