DFW Deals: KKR May Buy Nothing Bundt Cakes for $2 Billion-Plus

DFW deals: KKR may buy Nothing Bundt Cakes for $2 billion-plus

Keep up with the big funding deals and acquisitions going down in Dallas, including a nine-figure funding for an Alphabet spinout and a potential multibillion-dollar buyout for a bakery chain with 500 locations.

KKR Acquires Nothing Bundt Cakes From Roark Capital For $2 Billion - KKR (NYSE:KKR)

KKR & Co Inc (NYSE:KKR) is acquiring Nothing Bundt Cakes from private equity firm Roark Capital for more than $2 billion.  The company added 390 locations since Roark acquired the chain in 2021. The private equity firm has been looking for a buyer for the U.S. bakery chain since last year, Restaurant Business reported. • KKR shares are advancing steadily. Why are KKR shares climbing? Nothing Bundt Cakes was founded in 1997 by Dena Trip and Debbi…

Roark reportedly sells Nothing Bundt Cakes to KKR for $2B

The brand’s fast growth and four-wall EBITDA likely made the 700-unit chain an appealing acquisition target.

Deal Roundup: KKR said to agree $2bn Nothing Bundt Cakes buy, Sagewind Capital to sell Aechelon to Shield AI

KKR has reportedly agreed to buy bakery chain Nothing Bundt Cakes from Roark Capital in a deal worth more than $2bn including debt. The post Deal Roundup: KKR said to agree $2bn Nothing Bundt Cakes buy, Sagewind Capital to sell Aechelon to Shield AI appeared first on AltAssets Private Equity News.

KKR to acquire US bakery chain Nothing Bundt Cakes from Roark Capital in $2bn deal

KKR is set to acquire the American bakery brand Nothing Bundt Cakes from Roark Capital in a deal valued at more than $2 billion, including debt, according to a report by the Wall Street Journal citing unnamed sources familiar with the transaction. Founded in 1997 by two mothers, Nothing Bundt Cakes has grown into a national chain offering customisable Bundt cakes in various sizes and flavours, from red velvet to confetti and banana pudding. The …

KKR to Acquire Nothing Bundt Cakes in $2 Billion Deal

The KKR to acquire Nothing Bundt Cakes deal is rising like a perfectly baked confection in the private equity world, as one of Wall Street’s biggest firms moves to snap up a fast-growing bakery chain in a transaction valued at more than $2 billion, including debt. According to sources familiar with the matter, KKR has reached an agreement to acquire Nothing Bundt Cakes from Roark Capital, marking another major consolidation move in the food and …