CHICAGO, Sept 24 — Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Fantasy Baking Co. (“Fantasy Baking”) by Sweetmore Bakeries (“Sweetmore”), an existing portfolio company of Shore Capital Partners.
Founded in 1979 and headquartered in Sylmar, California, Fantasy Baking brings more than four decades of formulation expertise, supported by its own in-house R&D lab. Its range extends into protein and breakfast bars, dry blends, and ice cream ingredients and inclusions, as well as organic, high-protein, non-GMO, gluten-free, and Kosher recipes and solutions – attributes well aligned with the better-for-you and functional snacking trends reshaping the industry, and a source of flexibility for customers across a broad set of product needs.
The acquisition marks Sweetmore’s sixth facility and its first on the West Coast, extending its manufacturing footprint across the Northeast, Midwest, Southeast, Southwest, and West. Following Shore Capital’s 2025 recapitalization of Sweetmore, the addition of Fantasy Baking further expands the company’s scale, strengthens its position in the key cookie and baked bar categories, and advances its long-term strategy of building a coast-to-coast network for premium sweet baked goods.
