The Inspire Brands and Focus Brands majority investor has acquired the 390-unit bundt cake bakery
Atlanta-based private equity firm Roark Capital — majority investors of Inspire Brands (Dunkin’, Arby’s, Sonic Drive-In) and Focus Brands (Auntie Anne’s, Jamba, Cinnabon) — announced Friday the acquisition of Addison, Texas-based, 390-unit bakery chain, Nothing Bundt Cakes from Levine Leichtman Capital Partners.
Nothing Bundt Cakes was founded in 1997 and specializes in bundt cakes and generates $470 million of system sales across the U.S. and Canada. The brand is now positioned for continued growth in existing and new markets.
“Roark is a best-in-class partner that shares our values of transparency and excellence and has deep expertise with its incredible portfolio of brands,” Nothing Bundt Cakes CEO Kyle Smith said in a statement. “We look forward to working with them to enhance support for our bakery owners and continue growing our system while maintaining the joy-giving experience our brand has offered guests for nearly 25 years.