KKR to acquire Nothing Bundt Cakes for over $2 billion, WSJ reports

NodeGuardian · 2026-03-28T10:02:05+00:00

KKR is acquiring Nothing Bundt Cakes from Roark Capital for over $2 billion. Founded in 1997, the bakery chain operates over 500 locations and is projected to generate $120 million in EBITDA this year.

NodeGuardian

2026-03-28 10:02:05

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Private equity firm KKR is set to acquire the bakery chain Nothing Bundt Cakes from Roark Capital for over $2 billion, including debt. Nothing Bundt Cakes, founded in 1997, operates more than 500 bakeries and is expected to generate approximately $120 million in EBITDA this year. This deal follows other significant acquisitions by Roark Capital in recent years, including Subway.

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