JTM Foods

Multi-Channel Bakery Transaction

Integris Partners recently advised Kainos Capital on the sale of JTM Foods to Tenex Capital Management. Based in Erie, Pennsylvania, JTM is a rapidly-growing player in the Sweet Baked Goods category and the dominant manufacturer within Handheld Snack Pies. JTM produces branded, private label, and co-manufactured products that are sold through a variety of retail channels including Grocery, Mass, Convenience, Dollar, and Club.

“Kainos and JTM enjoyed a successful partnership, and we set out on this transaction to find the best partner for the business while maximizing the value of management’s efforts.” Said Bob Sperry, Partner at Kainos Capital. “Integris brought deep industry knowledge, disciplined process perspectives, and proven execution capabilities, all of which were critical to achieving a tremendous outcome:”