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KKR to Buy 700-Unit Nothing Bundt Cakes for $2 Billion

Summary by FranchiseWire
Seller Roark Capital Owns Many Restaurant Brands, Including Subway and Dunkin’ KKR will buy Nothing Bundt Cakes from Roark Capital for $2 billion, inside sources say. Nothing Bundt Cakes opened its 700th store in May 2025. Two friends founded the brand in 1997. The seller, Roark Capital, also owns Inspire Brands, which could go public as early as this year. Nothing Bundt Cakes soon will be acquired by a third private equity firm, KKR. According…
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FranchiseWire broke the news on Monday, April 6, 2026.
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