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Dessert Holdings buys dessert producer Steven Charles
Rafaela Sousa

Rafaela Sousa

4 January 2022

Dessert Holdings buys dessert producer Steven Charles

US premium dessert manufacturer Dessert Holdings has announced the purchase of Steven Charles – A Dessert Company for an undisclosed sum. Steven Charles joins Dessert Holdings’ portfolio of premium, clean-label dessert companies, which includes: The Original Cakerie, Lawler’s and Atlanta Cheesecake Company. Founded in 1995, Steven Charles produces desserts for restaurant and retail clients. Dessert Holdings CEO Paul Lapadat said: "As the leading premium desserts platform in North America, we are investing behind category-defining dessert manufacturers like Steven Charles to help them reach their full potential". He continued: "...commitment to excellence in innovation and service has fostered long-standing relationships with a number of the leading foodservice and retail operators in North America. We see an incredible opportunity to supplement these strengths to support Steven Charles’ domestic growth while also investing to expand the business globally." Steven Charles president Rebecca O’Hara added: “Dessert Holdings has a complementary product portfolio to ours and brings capital and expertise that will help us accelerate our growth journey". Steven Charles will continue to be operated by its current management team, led by O’Hara. Last year, Bain Capital Private Equity bought Dessert Holdings from Gryphon Investors with the aim of accelerating its growth.

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