Grand Rapids-based private equity firm Blackford Capital has closed on the sale of Ellison Bakery, a maker of cookies and other baked goods that’s headquartered in Fort Wayne, Ind. Grand Rapids-based private equity firm Blackford Capital has closed on the sale of Ellison Bakery, a maker of cookies and other baked goods that’s headquartered in Fort Wayne, Ind. Blackford Capital sold Ellison Bakery to Tilia Holdings, a Chicago private investment firm founded in 2017 that invests in the food supply chain and last week reported to federal securities regulators that it raised $99.7 million for a second fund.