FOR IMMEDIATE RELEASE
April 2, 2019

Contact:
Steve Phillips, Sr. VP Corporate Services
For C.H. Guenther & Son
210-351-6389

Martha Arendt, Aileron Communications
For Pritzker Private Capital
312-629-9400

C.H. Guenther & Son Acquires Mid South

SAN ANTONIO: C.H. Guenther & Son LLC (CHG) today announced it has acquired Mid South Baking Company (Mid South). Headquartered in Bryan, Texas, Mid South is a leading supplier of buns and English muffins to quick-serve restaurants (QSRs) in the southern United States. Financial terms of the transaction were not disclosed.

Founded in 1978, Mid South operates two state-of-the-art manufacturing facilities in Bryan, Texas and Pelahatchie, Mississippi. The business will continue to operate out of its existing facilities, with management expecting the transaction to strengthen its offerings for both new and current customers.

CHG, a San Antonio-based producer of branded and private-label food products, is owned by Pritzker Private Capital (PPC) along with management and other co-investors. With the acquisition, CHG now has more than 3,500 employees in 24 food manufacturing locations in the U.S., Canada and Western Europe.

Steve Warden, President of Mid South, said, “CHG’s culture, scale, product set and manufacturing expertise will allow Mid South to grow our reach and better serve our customers. They are well-aligned with our emphasis on customer service and product quality, and we believe we can accomplish great things together.”

Dale Tremblay, CEO of CHG, said, “Steve and the rest of the Mid South team have an impressive track record of success building the company into the market-leading bakery it is today. They have been able to scale with their customers while maintaining the highest levels of service, quality and safety. We are thrilled to welcome Mid South to the CHG family and look forward to working together to better serve our collective customers.”

CHG’s acquisition of Mid South represents its third in the past year, following the acquisitions of German bakery supplier Wback in January and Salt Lake City-based Cookietree Bakeries in 2018.

Chris Trick, principal at Pritzker Private Capital, added, “Mid South fits exceptionally well with the values and objectives of the CHG and PPC teams. We are excited to support CHG with the addition of the Mid South team and its manufacturing capabilities.”

About C.H. Guenther & Son: San Antonio-headquartered C.H. Guenther & Son is a leading food manufacturer that has delivered high-quality products and “just baked from scratch” flavor for nearly 170 years. Founded in Texas in 1851, the global company employs more than 3,500 people in 24 manufacturing locations in the U.S., Canada and Western Europe. CHG is a leading supplier of value-added grain-based and frozen food products for foodservice clients and select consumer markets. CHG’s well-loved retail brands such as Pioneer, White Wings, Sun-Bird and Cuisine Adventures have been included at family meals for generations. Visit us at CHG.com.

About Mid South: Headquartered in Bryan, Texas, Mid South is a leading supplier of buns and English muffins to foodservice customers. Operating out of its well-invested facilities in Texas and Mississippi, Mid South is an industry leader in bakery production. Mid South’s customers are found throughout the southern United States. For more information, visit midsouthbakingllc.com.

About Pritzker Private Capital: Pritzker Private Capital acquires and operates middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies. For more information, visit PPCPartners.com.