Balance Point Announces its Investment in Firehook Bakery
Summary
Balance Point provided debt capital to support the acquisition of Firehook.Firehook was founded in 1992 in Alexandria, VA as a neighborhood bakery specializing in organic sourdough breads and simply-made baked goods. The Companys name was inspired by a tool dating back thousands of years to the first-known bakers, who used a hook-shaped implement to pull their creations out of clay pots in sunken fire pits. I look forward to building on the strong foundation that the previous management and founder created as we strengthen the Firehook brand, expand the Companys capabilities and grow its loyal base of consumers. "Balance Points unique structuring, market knowledge and flexibility were crucial to closing the transaction while providing ample room for future growth. Firehook bakes all of its products in-house and is proudly Organic, Non-GMO Project Verified, Kosher, and SQF Certified.For more information, please visit www.firehook.com.