Congratulations to Superior Capital!
Lincoln International would like to congratulate Superior Capital and the management team at Dianne’s Fine Desserts for being recognized at The M&A Advisor’s 11th Annual Turnaround Awards. Superior Capital, a Detroit-based private equity firm, was awarded Divestiture Deal of the Year (Over $100MM) for the turnaround and sale of Dianne’s Fine Desserts in June 2016. Superior partnered with industry executives Mike Knowles and Dan Scales to acquire Dianne’s in a carve-out transaction from Heinz Foodservice in 2012. The Company achieved a tenfold increase in earnings over a four-year holding period.
“This award is a testament to the strength of Superior Capital’s investment platform and the quality of the Dianne’s management team,” said David Houser, Managing Director at Lincoln International. “We are honored to have worked with them on the sale of the Company.”
Lincoln acted as the exclusive sell-side advisor to Dianne’s Fine Desserts, working closely with Superior Capital and Management throughout the sale process to provide advisory expertise and manage the marketing, due diligence and negotiation phases of the transaction.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com