Kratos Capital Advises Bake Crafters on Its Acquisition by Murry's

DALLAS, April. 1, 2022 /PRNewswire/ — Kratos Capital, a leading merger, and acquisitions advisor for privately-held businesses, is pleased to announce the acquisition of its client, Bake Crafters., by Murry's, a portfolio company of Encore Consumer Capital. The acquisition closed on April 1, 2022.

Bake Crafters is in McDonald, TN. Bake Crafters is a family-owned business with representation in all 50 states. We sell baked goods for K12, colleges & universities, healthcare, military, in-store bakeries, and restaurants.

Since 1989, Bake Crafters has operated with a single aim: providing the baked goods customers want with the service they expect. This means broad selection, rapid product development, competitive prices, and dedicated customer service. Over 420 million servings of our whole-grain products were used in schools nationwide during the 2020–2021 school year!

Whether you're talking with someone in our corporate office, a regional sales director, or one of the 70+ people on our commissioned sales team, we strive to understand your needs and find a way to serve them.

Murry's is in Greenbelt, MD. A portfolio company of Encore Consumer Capital. This partnership thesis is centered around a long-standing relationship. The focus will primarily remain continued growth of both Murry's and Bake Crafters. With the synergy of both businesses, the continued delivery of food choices for the K-12 school program will be enhanced while serving wholesome products.

Kratos Capital Principal, Josh Bammel, established the initial relationship with Bake Crafters and successfully closed the deal.

"Our client was reaching a pivotal stage in his life. Selecting the right partner was of concern for our client," said Bammel. "Murry's through Encore Consumer Capital, given their reputation and history, proved to be the best partner."

About Kratos Capital

MIDDLE-MARKET – DELIVERING PREMIUM VALUE

Kratos Capital is a privately held mergers and acquisitions advisory firm. Our principals have experience creating and managing different liquidity solutions unique to each client. What makes us different is our strict personal attention to each client. Whether your desire is a merger, growth capital, acquisition, or recapitalization, our firm can make a market for you. We measure the success of our process by the results it produces. Routinely, ours produces several attractive initial offers, and most of our clients close a deal at or above the upper end of our initial valuation range. In 2021, we completed 100% of our deals in the market. When we are given the honor of managing a client's exit process, we provide peace of mind from having done the right thing for your family, your company, your employees, and your customers.

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SOURCE Kratos Capital

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