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Addison-based Nothing Bundt Cakes sells to an Atlanta firm that’s buying up food brands
The popular bakery chain moved its corporate headquarters to North Texas in 2015.
Nothing Bundt Cakes has 390 locations in the U.S. and Canada and annual sales of $470 million.(Agent485)
8:15 PM on May 15, 2021 CDT
Addison-based gourmet bakery chain Nothing Bundt Cakes is being sold to an Atlanta firm making its 29th food industry investment.
Levine Leichtman Capital Partners, the Los Angeles-based private equity firm that owned the popular bakery, reached the deal Friday with Roark Capital. Terms weren’t disclosed.
Nothing Bundt Cakes becomes Roark’s 92nd franchise or multi-location brand. The investment firm’s current portfolio includes Arby’s, Baskin Robbins, Culver’s, Frisco-based Jamba, Dallas-born Rusty Taco, Sonic and the Cheesecake Factory. ....

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