Alantra Advises Maple Donuts on its Sale to Swander Pace Capital

Jun 2025

Sell-side advisory

Boston and New York – Alantra has acted as the exclusive financial advisor to Maple Donuts, a family-owned manufacturer of high-quality frozen bakery products, on its sale to Swander Pace Capital, a private equity firm focused on investing in defensive consumer staples across the food & beverage and health & wellness categories.

Founded by the Burnside family in 1946 and headquartered in Pennsylvania, Maple Donuts is a leading producer of donuts for in-store bakery programs of major retail grocers nationwide. Maple Donuts specializes in high-quality private label solutions tailored to customer needs.

The acquisition marks Swander Pace Capital’s 8th platform and 15th investment in the bakery sector.

Jeff Robards, Managing Director at Alantra, said: “We’re honored that the Burnside family selected the Alantra food sector team to guide Maple Donuts through the sale process and excited about delivering a great outcome for all parties involved. The company attracted significant interest from both strategic and financial buyers, reflecting its unique market position and strong growth profile. We’re confident that Swander Pace Capital will be an outstanding partner for the company’s next chapter, given their extensive sector experience and strategic vision.”

Josh Garver, Managing Director at Alantra, added: “We are thrilled to have helped the Burnsides in finding new partners to guide the next phase of growth for the business, and we look forward to seeing the business continue to thrive under Swander Pace’s stewardship.”

This transaction underscores Alantra’s expertise and sustained momentum within the bakery sector. The team has recently advised MidOcean Partners and QualiTech on the Acquisition of Ellison Bakery, and Vandemoortele on the acquisition of Banneton Bakery and its entry into the U.S. market.