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

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Roark Capital is selling Nothing Bundt Cakes to KKR for $2 billion, according to reports by The Wall Street Journal and Reuters, both of which cited sources familiar with the matter. KKR declined to comment, and Roark did not respond immediately to a request for comment. The fast-growing dessert chain had 660 units at the end of 2024, after opening more than 1 ...