Baird Business Owner Solutions (“BOS”) group advised Miamisburg, Ohio-based Killer Brownie LTD (“KB” or the “Company”) on its partnership with Irresistible Foods Group (“IFG”) – California-based house of brands including King’s Hawaiian, Grillo’s Pickles, Shaka Tea, Innovation Bakers, and the IFG Restaurant Group.

Killer Brownie LTD is family-owned and manufactures and distributes gourmet brownies to grocers and foodservice providers across North America. Founded in 1988 by Norman Mayne, KB was a legacy brand for the OH-based retailer Dorothy Lane Market and was served exclusively in their grocery locations in the Company’s formative years. In just over a decade, the operation has significantly expanded their manufacturing facilities, customer base, and capacity. The brand has experienced triple-digit growth since 2019, now distributing to grocers across the US and Canada. IFG proved to be the best partner for the business, offering strong cultural alignment and significant opportunity for growth.

“The IFG team and the Taira family have been amazing to work with,” Chimene Ross, CEO of KB, said. “Like us, they prioritize people and culture first. The future is going to be ‘Killer.’”

Headquartered in Los Angeles, California, IFG is a food and beverage company representing a family of brands including Kings Hawaiian, Grillo’s Pickles, Shaka Tea, Innovation Bakers, and IFG Restaurant Group. Each brand operates largely independently and as such, the Killer Brownie executive team is planning to remain in place under the new partnership.

“This is a partnership between two wonderful families that share similar values and long records of being great employers and members of their communities,” said John Linehan, IFG president. “They are also close friends who have been talking about and planning this partnership for several years. We could not be more excited about our future together.”

About Baird Business Owner Solutions

Baird’s Business Owner Solutions team advises lower middle-market and emerging growth companies and their owners on business transition, valuation, and M&A transactions.  www.bairdbusinessownersolutions.com

Leo Whitt
lwhitt@rwbaird.com
502-338-5736

Chris Johnson
cwjohnson@rwbaird.com
502-588-8488

Elizabeth Thompson
eethompson@rwbaird.com
502-588-1185

Mary Katherine Hardy
mhardy@rwbaird.com
502-588-8483