Ropes & Gray Represents Bain Capital Private Equity and Dessert Holdings in its Acquisition of Steven Charles

In The News
January 4, 2022

Ropes & Gray represented Bain Capital Private Equity and Dessert Holdings in its acquisition of Steven Charles, a Dessert Company. Terms of the transaction were not disclosed. The transaction was made public on Jan. 3 in a press release.

Dessert Holdings, based in St. Paul, Minnesota, is an umbrella organization of three premium dessert companies and brands: The Original Cakerie, Lawler’s Desserts and Atlanta Cheesecake Company. Steven Charles is a maker of gourmet desserts supplying foodservice and retail customers across North America.

Bain Capital Private Equity's global team of more than 275 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key verticals including consumer, retail, and dining sectors.

The Ropes & Gray team that represented Bain Capital Private Equity and Dessert Holdings was led by private equity partners Charlie Boer (Boston) and Elizabeth Gallucci (San Francisco), and included private equity partner Will Shields (Boston), leveraged finance partner Byung Choi (Boston), senior counsel David Mandel (Boston), antitrust partner Jonathan Klarfeld (Washington D.C.), real estate partners Richard Gordet and Peter Alpert (both of Boston), benefits partner Renata Ferrari (Boston), life science regulatory & compliance partner Kellie Combs (Washington D.C.), tax partner Pamela Glazier (Boston), litigation & enforcement counsel Steven Kaye (Boston), IP transactions partners Regina Sam Penti and David McIntosh (both of Boston), litigation & enforcement partner Nicholas Berg (Chicago), IP transactions counsel Emilia Cannella (Boston), antitrust counsel Deidre Johnson (Boston) and private equity associate Scott Rolnik (New York).