The Bakery Cos. announces partnership with Arbor Investments
Partnership will unite renowned baking families Caparos and Harrington
The Bakery Cos. (TBC) announced that they have entered into a partnership with Arbor Investments, a specialized private equity firm that focuses exclusively on investing in premier companies within the food and beverage industries. Founded in Nashville, Tennessee, in 1996 by Cordia and Tom Harrington and recognized as one of the Top 50 Fastest Growing Woman-Owned Businesses, The Bakery Cos. manufactures a diverse line of fresh and frozen breads, baked goods and dough products for leading foodservice, food manufacturing and retail customers. Terms of the transaction were not disclosed.
With this partnership, The Bakery Cos. founder, “Bun Lady” Cordia Harrington will unite with baking industry veterans Yianny and George Caparos. Cordia will continue as Chief Executive Officer of the Company, with Yianny Caparos being appointed President and George Caparos becoming Chief Development Officer. The Caparos brothers bring more than two decades of baking leadership expertise, including prior partnerships with Arbor in Gold Standard Baking and Rise Baking.