About Global Bakeries
Global Bakeries is a Consumer company based in Los Angeles (United States) founded in 1985 by Albert Boyajian, and was acquired by Surge Private Equity in December 2018. Manufacturer of bakery snacks. Global Bakeries has raised $15 million across 1 funding round from investors including Surge Private Equity and Firmament. Global Bakeries has completed 2 acquisitions, including Bubbles Baking and THE BETTER BAKING COMPANY. Its focus areas include Food and Agriculture, Food Processing, Contract Manufacturers and Convenience Food.
Company details
Global Bakeries was established in 1985 in Los Angeles, United States, by founder Albert Boyajian, who serves as president. Operations focus on the production of bakery snacks within the food manufacturing sector. Products are distributed from the companys base, with an online presence maintained through the domain globalbakeriesinc.com. The firm remains headquartered in Los Angeles, emphasizing standard manufacturing processes for snacks.
- Headquarters Los Angeles, United States
- Founders Albert Boyajian
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website globalbakeriesinc.com
- Social LinkedIn
- Acquired by Surge Private Equity (Dec 2018)
- Total Equity Funding$15M (USD)
in 1 rounds
- Latest Funding Round$15M (USD), Private Equity Round
Nov 2018
- InvestorsSurge Private Equity
& 1 more
- Investments & AcquisitionsBubbles Baking
& 1 more
- Acquired bySurge Private Equity
(Dec 2018)
Funding Insights of Global Bakeries
Global Bakeries has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $15 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15M
- Total Rounds 1
- Last Round Private Equity Round — $15M
- First Round $15M
(Nov 2018)
- Investors Count 1
All 1 funding rounds of Global Bakeries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $15M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Global Bakeries
Global Bakeries has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Surge Private Equity and Firmament.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Surge Private Equity is engaged in private equity investments. | surgepe.com | Dallas, United States | ||
Structured capital solutions are provided to small and medium-sized enterprises. | thefirmamentgroup.com | New York, United States |
Investor details for Global Bakeries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Global Bakeries
2 people are tracked at Global Bakeries (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Albert Boyajian | Founder & Persident | Leadership |
lorenzo hicks | cheif engineer | Team |
Complete people profiles for Global Bakeries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Global Bakeries
Global Bakeries has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bubbles Baking and THE BETTER BAKING COMPANY.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Bakery snacks are manufactured and branded by the company. | thebetterbakingcompany.com | Los Angeles, United States | 1991 | Sep 2019 | •••• | |
Bakery products are manufactured and distributed by Bubbles Baking. | bubblesbakingco.com | Los Angeles, United States | 1963 | Mar 2019 | •••• |
Complete acquisition details for Global Bakeries
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Global Bakeries
5 dated milestones of Global Bakeries across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Global Bakeries is founded.
- Funding First funding round of $15.0M.
- Exit Acquired by Surge Private Equity.
- Acquisition Acquires Bubbles Baking.
- Acquisition Acquires THE BETTER BAKING COMPANY.
Top companies in Food Processing
3 companies that operate in the same segment as Global Bakeries (Food Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering refrigerated pet food | 2006 | Secaucus, New Jersey, United States | USD 54 M | USD 1.1 B | 1,300 | |
Coffee, tea, and extract beverage solutions are provided globally. | 2009 | North Little Rock, Arkansas, United States | USD 17 M | USD 1.19 B | 1,410 | |
Multi-category food products are produced and distributed globally. | 1866 | Minneapolis, Minnesota, United States | USD 18.42 B | 33,000 |
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Frequently Asked Questions about Global Bakeries
Global Bakeries was founded in 1985 and raised its 1st funding round 33 years after it was founded.
Global Bakeries is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Global Bakeries is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on Nov 2018.
Global Bakeries was established in 1985 in Los Angeles, United States, by founder Albert Boyajian, who serves as president. Operations focus on the production of bakery snacks within the food manufacturing sector. Products are distributed from the companys base, with an online presence maintained through the domain globalbakeriesinc.com. The firm remains headquartered in Los Angeles, emphasizing standard manufacturing processes for snacks.
Global Bakeries has made 2 acquisitions, including Bubbles Baking, and THE BETTER BAKING COMPANY.
Global Bakeries has 2 investors. Key investors include Surge Private Equity, and Firmament.
Yes. Global Bakeries was acquired by Surge Private Equity in December 2018.