An affiliate of middle-market private investment firm Peak Rock Capital (Peak Rock) has closed on the sale of TNT Crust (TNT) to General Mills.
Headquartered in St Charles, Missouri, TNT is a provider of partially baked, self-rising, and better-for-you pizza crusts. TNT serves a diverse, blue-chip customer base including foodservice distributors, national pizza chains, and retail brands.
Since acquiring TNT in a corporate carve-out from Tyson Foods in late 2018, Peak Rock has supported the company’s strategic growth and operational initiatives, including substantially increasing capacity at its Green Bay, WI facilities, opening a new state-of-the-art production facility in St Charles and launching the better-for-you product line to meet growing demand within its end markets.
