DecoPac: DecoPac acquired by NY-based private equity firm Kohlberg & Co.

DecoPac Inc., the world's largest supplier of cake decorations, announced Monday it has been acquired by private equity firm Kohlberg & Co., from Snow Phipps Group. "The transition from the successful ownership of the founding McGlynn family to Snow Phipps was a complete success and positioned DecoPac for ongoing growth and value-creation. Our future is very bright with Kohlberg," said Cindy Mahoney, CEO of DecoPac. "Kohlberg is committed to investing in DecoPac to make us an even stronger...