Krispy Kreme to Take Majority Control of Krispy K Canada

Verlinvest and Mistral Equity Partners Acquire Majority Stake in Insomnia Cookies from Krispy Kreme

July 17, 2024

Restaurants & Hospitality

Verlinvest and Mistral Equity Partners purchased a majority ownership stake in Insomnia Cookies for a total enterprise value of $350 million, with the transaction closing on July 17, 2024. Krispy Kreme received $127.4 million (plus an expected $45 million following a refinance), will retain ~34% minority ownership, and Insomnia Cookies founder Seth Berkowitz will remain CEO.

Main Post Partners Invests in Krispy Krunchy Chicken

December 7, 2021

Restaurants & Hospitality

Krispy Krunchy Chicken received a strategic growth investment from private equity firm Main Post Partners to support the branded convenience-store foodservice program’s next phase of growth. The investment will help scale the Krispy Krunchy brand, expand awareness and further develop its multi-location, store-in-store franchise/licensing footprint across the U.S.

Ethos Capital Acquires Majority Control of Donuts Inc.

March 31, 2021

Telecommunications

Ethos Capital has completed an investment to acquire a controlling interest in Donuts Inc. from Abry Partners. The deal brings Ethos (with strategic partners The Baupost Group and Neuberger Berman) in control of the domain registry operator, which is headquartered in Bellevue, Washington and manages roughly 25 million domains with ~300 employees.

Graham Partners Acquires Commercial Bakeries Corporation

September 27, 2023

Food & Beverage

Graham Partners, a Philadelphia-based private equity firm, has acquired Commercial Bakeries Corporation, a Toronto-headquartered producer of private-label and co-manufactured cookies. The acquisition, sourced through Graham's Investment Theme Program, positions the firm to expand in private-label bakery manufacturing and supports a founder succession/exit from the company's former family owners.

Carlyle Asia Partners to Acquire 100% of KFC Korea

December 23, 2025

Restaurants & Hospitality

Carlyle Asia Partners, through an affiliated entity, has entered into a definitive agreement to acquire a 100% stake in KFC Korea. The deal aims to support KFC Korea’s next phase of growth in South Korea by partnering with management to accelerate new store openings, strengthen marketing, and drive menu innovation.

Carlyle Acquires KFC Holdings Japan

July 10, 2024

Restaurants & Hospitality

Global investment firm Carlyle has completed a tender offer to acquire 100% of KFC Holdings Japan, taking the company private by late September 2024. Carlyle plans to partner with Yum! Brands and KFC Japan management to accelerate store openings, pursue menu enhancements, and invest in digital innovation to drive growth.