McKinney-based bakery and dessert manufacturer Cookies-n-Milk has been acquired by Ohio-based JTM Foods, a portfolio company of Tenex Capital Management, a New York City-based investment firm.
Dallas-based Pinecrest Capital Partners served as exclusive adviser to Cookies-n-Milk in the deal. No financial terms of the deal were released.
Founded in 1993 by Mike and Cindy Blasko, Cookies-n-Milk historically has produced fully baked cookies, brownies, blondies, and doughnut holes, and recently has become a leader in the edible cookie dough category....