JTM Foods, LLC Acquires Cookies-n-Milk
Erie, PA & McKinney, TX – JTM Foods, LLC (dba JJ’s Bakery) is pleased to announce its acquisition of Cookies-n-Milk (CnM), a family owned and operated innovative producer of Edible Cookie Dough bites, exquisite individually wrapped Cookies and Brownies, conveniently packaged Donut holes and ‘ready to bake’ frozen cookie doughs for retail operators.
“Cookies-n-Milk is an excellent fit with the JTM portfolio further enhancing JTM’s position as “The Best Choice” in Sweet Goods for our Consumers, Retail Partners, Employees and Investors” said Monty Pooley, CEO and President of JTM Foods. As an innovator in the Edible Cookie Dough category, CnM has enjoyed explosive growth in this evolving category over the past several years and, in partnership with JTM’s Operations and Sales capabilities, will continue to lead Category expansion.
Cookies-n-Milk produces edible cookie dough bites along with a range of bake and sell cookie dough, fresh baked cookies, brownies, blondies, and doughnut holes. Everything is made daily from scratch using only the finest ingredients and delivered nationally as Delicious, Safe, High Quality, Reliable and Cost-Effective solutions from their production facility in McKinney Texas. Mike Blasko, founder and President of CnM, commented “Cookies-n-Milk is honored to become a part of the JTM Foods family with its ‘Values Based’ operating environment and culture that provides a foundation of sustainable and reliable ‘Best in Class’ product excellence.”
JTM Foods President & CEO Monty Pooley noted that JTM, along with its Equity Partner Tenex Capital Management, is “looking forward to working with our new CnM associates to enhance our ability to better meet and exceed the needs of our Retail customers while expanding our offerings across dynamic sweet baked goods categories. Cookies-n-Milk is the ideal partner for JTM. Our combined portfolio will drive profitable growth for our Customers, JTM Foods and Cookies-n-Milk.”
About JTM Foods, LLC
JTM Foods, the #1 producer of handheld snack pies in the world, is “The Best Choice” for snack pies & crispy treats for our consumers, customers, associates, and investors. Headquartered in Erie, PA, JTM Foods, LLC, has been producing JJ’s Bakery branded, co-manufactured, and private label sweet baked goods such as fruit & cream filled snack pies, mini pies, and crispy rice treats since 1985. JTM’s value-driven culture based on respect, trust, accountability, teamwork, ownership, and continuous improvement offers our associates a preferred work environment with significant opportunity for growth and development. For more information, visit www.jtmfoods.net.
About JJ’s – the Brand of JTM Foods, LLC
JJ’s Bakery Handheld Snack Pies from JTM are America’s #1 Leading Snack Pie Brand based on consumer preferred taste, quality, value, and variety. As a major driver of category growth, JJ’s Pies can be found in leading convenience and grocery retailers, mass merchants and warehouse club stores across the USA along with the JTM produced snack pies of national brand co-manufacturing and retail private brand partners. For more information, visit www.jjsbakery.com.
About Cookies-N-Milk
Cookies-N-Milk, a leading producer of edible Cookie Dough bites, is an innovative industrial baked and frozen dessert manufacturer producing ready-to-eat edible cookie dough, bake and sell cookie dough, cookies, brownies, blondies, and doughnuts at cost-effective prices. Founded by Mike and Cindy Blasko and located in McKinney, Texas, Cookies-n-Milk has been family owned and operated since 1993 where, using only the finest ingredients, “Everything is made from scratch, so you don't have to!” For more information, visit www.cookiesnmilkinc.com.
About Tenex Capital Management
Tenex Capital Management is a private equity firm that invests in middle market companies. Tenex uses an in-house team of hybrid investment professionals skilled in operational leadership, investing, and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex has successfully invested in a diverse range of industries, including industrials, business services, healthcare, building products, and auto aftermarket, among others. For additional information, please visit www.tenexcm.com.