Graham Partners Inc., a private equity firm based in Philadelphia, has bought Commercial Bakeries Corp.

Headquartered in Ontario, CBC is a renowned formulator and manufacturer of private-label and co-manufactured cookies and biscuits that sells its products to blue-chip retail and CPG customers. The company provides clients with services to meet customer’s formulation requirements including sandwich cremes, wire-cut, rotary and more, which are available as conventional, organic, gluten-free, non-GMO project verified and other product specifications.

Cascadia Capital acted as financial advisor to Graham Partners.