Dresner Partners, a FINRA-registered middle-market investment bank and Mergers Alliance member firm, advised Table Talk Pies on the refinancing of its credit facilities with its new lenders, White Oak Commercial Finance and NFS Leasing. Terms of the transaction were not disclosed.
Table Talk Pies is a family-owned food manufacturing business that has been making baked pies in Worcester, MA, since 1924. Now in its third generation of ownership and leadership, Table Talk has a team of more than 300 full-time employees at three automated bakeries. Table Talk specializes in four-inch snack pies as well as eight-inch dessert pies. In 2019, Table Talk sold 240 million snack pies and 25 million dessert pies.
“We appreciate the hard work and dedication of the Dresner team, led by Chris Kampe, to facilitate the transaction,” Harry Kokkinis, president and owner of Table Talk Pies, said. “The refinancing of our credit facilities will help support the future growth of the company and we look forward to a positive working relationship with our new lenders.”
“Table Talk Pies is a very well-known brand in the Northeast and one of the largest manufacturers of pies in the country,” Kampe, who is a managing director for Dresner Partners, said. “Its old-fashioned recipes and wide variety of flavors using only the finest ingredients truly makes Table Talk Pies, ‘America’s favorite pies.’ We are pleased that we were able to help the company achieve a successful outcome.”
“We would like to thank Table Talk Pies for selecting us to complete this refinancing, which, in addition to other recent transactions, demonstrates our continued success and leadership in serving clients in the consumer products sector,” Steven M. Dresner, president of Dresner Partners, said. “We look forward to continuing our working relationship with Harry Kokkinis and the rest of the Table Talk Pies management team.”
