Surge’s Global Bakeries Acquires Better Baking Co

Global Bakeries announces it recently closed its acquisition of Better Baking Co. led by Dallas’ Surge Private Equity with financing from The Firmament Group.

For over 25 years, Better has provided over 300+ SKUs of fresh cookies, loaves of bread, and pitas to local markets and national chains across the USA. This acquisition becomes the second add-on for Global Bakeries within the year – following its recent acquisition of Bubbles Baking Co. Collectively, all three bakeries now operate within a 10-mile radius of one another in Van Nuys, CA. Seller Ash Aghasi will come on as chief operating officer for Global Bakeries.

Global Bakeries CEO, Chris Botticella, stated: “We are excited to partner with Ash, as Better has established itself as a manufacturer of premium bakery products in the regional LA market. Add to that the synergies in our operational geography, it became a no-brainer to acquire such a parallel company.”

Lewis Sharp, Partner at Surge Private Equity, said: “This acquisition greatly expands our product line, allows Global to reach new customers, and enables us to offer our existing customers higher quality service. Ash brings over 25 years of operational experience and has proven his knack for creating quality products. We are thrilled about this partnership.”

Founded in 1985, Global Bakeries is a high-volume commercial bakery specializing in bagels, flatbreads, croissants, pita bread, and pita chips.