Entrepreneurial Equity Partners (“e2p”), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, announced today that portfolio company, MBC Companies (“MBC”), has acquired Nardone Brothers Baking Co. (“Nardone” or the “Company”). Financial terms of the transaction were not disclosed.

Headquartered in McDonald, Tennessee, MBC is a manufacturer & distributor of frozen breakfast products specializing in French toast sticks, waffles, pancakes, breakfast sandwiches, and an array of other baked goods. MBC serves diverse end markets, including K-12 schools, private label retail, convenience stores, and quick-serve restaurants. MBC currently operates two production facilities in Lebanon, Pennsylvania. Adding the nearby Nardone facility increases its manufacturing footprint to three locations.

Nardone Brothers Baking Co., founded in 1942, is a leading manufacturer of frozen pizza products serving the K-12, private label retail, and broader foodservice channels. A third-generation family business, current key leaders include Vincent, Mario and Thomas Nardone. The company produces a broad range of pizza products at its modern 152,000 square-foot facility in Wilkes-Barre, Pennsylvania  with over 400 employees. Its product portfolio includes multi-serve round pizzas, stuffed crust, self-rising crust, French bread pizzas, breakfast pizzas, and more.

e2p Partner Ryan Schweet commented, “Over the years, we’ve had the privilege of building a relationship with the Nardone family and have admired their unwavering commitment to delivering exceptional quality and service to K-12 schools and private label retail customers. Nardone’s deeply rooted reputation as a trusted frozen pizza provider since the 1940s and operational excellence exemplify the values we seek in our partnerships. We look forward to preserving their heritage while driving the next phase of growth.”

“We are thrilled to welcome Nardone to the MBC Companies family of businesses,” added e2p Vice President Blake Miller. “This strategic partnership further enhances MBC’s product portfolio across all dayparts­—from breakfast to lunch to late-night dining—enabling us to better serve the evolving needs of our customers. Both Nardone and MBC have deep expertise in the K-12 and private label categories, and our overlapping focus on these core channels will create opportunities for cross-selling and further strengthen the combined business. Together, we are excited to share best practices, invest in growth, and drive continued product innovation across the platform.”