Cinnaroll Bakeries Ltd

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Cinnaroll Bakeries Ltd - overview

Established

1987

Location

Calgary, AB, Canada

Primary Industry

Food

About

Cinnaroll Bakeries Ltd is a Canadian company specializing in the production of artisanal baked goods, primarily focusing on high-quality cinnamon rolls and pastry items made from premium ingredients. Founded in 1987 in Calgary, Canada, Cinnaroll Bakeries Ltd produces artisan bakery pastries, including a variety of cinnamon rolls. The company has undergone significant change with its acquisition by Skidmore Development Group and SouthPac Partners in September 2017, although financial terms were not disclosed. The current CEO is Brad Turner.


Cinnaroll specializes in high-quality baked goods, particularly artisan bakery pastries, including various cinnamon rolls and other pastry items made with premium ingredients such as non-GMO cinnamon from Indonesia, Canada-sourced brown sugar, and Philadelphia Cream Cheese. These offerings are designed for bakeries, food service providers, and retailers across Canada, the United States, Mexico, and Australia, catering to both B2B clients and direct consumers. Cinnaroll generates revenue through a structured business model involving partnerships with retailers and wholesalers, along with direct sales to consumers. Their transactions often consist of bulk orders from commercial clients, particularly for their renowned cinnamon rolls, and they focus on strong client relationships to ensure quality and timely delivery, reflecting the premium quality of their ingredients.


Following its acquisition in September 2017, Cinnaroll plans to utilize its recent funding to support the development of new product lines and expand into new markets. Specific initiatives include launching additional pastry offerings and targeting entry into new geographic regions by 2025. These strategies are aimed at enhancing their market presence and increasing revenue streams.


Current Investors

Southpac Partners, Skidmore Development Group

Primary Industry

Food

Sub Industries

Bakery Products, Food & Beverage Distribution

Website

www.cinnaroll.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Cinnaroll Bakeries Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedCinnaroll Bakeries Ltd-

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