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Levine Leichtman Capital Partners acquires Shipley Do-Nuts
Levine Leichtman Capital Partners acquires Shipley Do-Nuts

Yahoo

time29-07-2025

  • Business
  • Yahoo

Levine Leichtman Capital Partners acquires Shipley Do-Nuts

US-based doughnut and kolache brand Shipley Do-Nuts has been acquired by private equity firm Levine Leichtman Capital Partners (LLCP) from Peak Rock Capital. The financial details of the deal have not been disclosed; however, the deal could value the brand at $400m, reported Bloomberg, citing sources. Shipley Do-nuts' executive team, headed by CEO Flynn Dekker, will continue to operate the company its Houston headquarters. LLCP managing partner Matthew Frankel said: 'We are excited to partner with Flynn and the outstanding Shipley management team, who have been executing on a successful growth strategy. 'Together, we see a tremendous opportunity to build on this foundation by expanding unit count even further to capture the substantial whitespace and driving strong same-store sales growth.' In January 2021, Peak Rock Capital acquired the majority stake in Shipley from the original owning family. Shipley operates more than 375 locations across 14 US states, has been in business for nearly 90 years, providing more than 60 types of donuts, kolaches. and coffee. The acquisition of Shipley represents the fourth platform investment of LLCP's Fund VII. LLCP's portfolio includes investments in brands including Tropical Smoothie Cafe, Nothing Bundt Cakes, and Hand & Stone. Shipley now becomes the 18th franchising investment for LLCP, bringing the total to 32 brands across various industries. Dekker said: 'Shipley is growing faster than ever in its history, and partnering with LLCP presents an outstanding opportunity for Shipley to accelerate our growth and bring the world's greatest donut to an even wider audience. 'Their extensive expertise in franchise food brands will be pivotal in driving future growth and supporting our franchisees, while preserving our commitment to fresh-made quality and our original recipes that have made our brand the icon it is today.' Legal advice for LLCP was provided by Kirkland & Ellis and DLA Piper, while Shipley received guidance from North Point and J.P. Morgan. In March 2025, Shipley signed a 30-unit development agreement to extend its national footprint. "Levine Leichtman Capital Partners acquires Shipley Do-Nuts" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

SHIPLEY DONUTS ACHIEVES 18TH CONSECUTIVE QUARTER OF POSITIVE SALES GROWTH
SHIPLEY DONUTS ACHIEVES 18TH CONSECUTIVE QUARTER OF POSITIVE SALES GROWTH

Yahoo

time25-07-2025

  • Business
  • Yahoo

SHIPLEY DONUTS ACHIEVES 18TH CONSECUTIVE QUARTER OF POSITIVE SALES GROWTH

Nation's largest donut and kolache brand expands into its 14th state in Q2; continues record growth HOUSTON, July 25, 2025 /PRNewswire/ -- Shipley Donuts, the nation's largest brand of fresh, handmade daily donuts and kolaches, marked its 18th consecutive quarter of positive sales growth in the second quarter of 2025, while expanding into two new states and opening 16 new locations throughout the first half of the year. The company's strategic growth introduced Shipley to Virginia with its June opening in Lynchburg, increasing the brand's footprint to 14 states. The brand also inked a deal in Q2 to open its first Missouri location, which will bring the world's greatest donuts to Branson by early 2026. "Shipley Donuts continues to prove that quality products are the foundation of consistent success and strong new market entries," said Flynn Dekker, CEO of Shipley Donuts. "Eighteen consecutive quarters of positive growth is a testament to the strength of our brand and the dedication of our franchise partners who are bringing Shipley's iconic taste to communities across America." Shipley is on track to open a record-setting 40-plus new shops by the end of 2025. Ten of these are slated to open in Q3, including a new flagship location in Nashville's high-profile Nashville Yards development. Additionally, the brand has more than 200 units in its development pipeline. The brand's expansion builds upon momentum established in Q1 2025, during which Shipley opened its first North Carolina location and signed a 30-unit development agreement to enter New Mexico and South Florida. Franchise opportunities are available throughout the South, Southeast and Midwest for qualified operators seeking to join America's fastest-growing donut brand. Information is available at About Shipley DonutsFounded in 1936, Houston-based Shipley Donuts is the nation's largest brand of handmade fresh daily donuts and kolaches, with more than 375 company-owned and franchised restaurants across 14 states, serving up its famous donuts, coffee and kolaches to generations of guests. Shipley is ranked No. 121 on Entrepreneur magazine's Franchise 500® 2025 list and No. 1 in its category and is No. 147 on the Technomic 2025 Top 500. For franchising information, visit Follow Shipley on Instagram and Facebook @ShipleyDonuts, and sign up for Shipley Sweet Rewards at to unlock free donuts, discounted coffee, exclusive merchandise and more. Media Contact:Rachel Tabacnicrachel@ View original content to download multimedia: SOURCE Shipley Do-Nuts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER
SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER

Malaysian Reserve

time24-06-2025

  • Business
  • Malaysian Reserve

SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER

Texas donut icon partners with Kids' Meals for 10K, 5K and kids run in Houston on Oct. 18 HOUSTON, June 24, 2025 /PRNewswire/ — Houston's iconic Shipley Do-Nuts is lacing up for a sweet cause as it opens registration for the Donut Dash, to be held on Saturday, Oct. 18, 2025, at Sam Houston Race Park. The family-friendly event will feature 10K and 5K races plus a kids dash, with proceeds benefiting Kids' Meals, a local nonprofit fighting childhood hunger in the Houston area. The race kicks off at 7 a.m. with the 10K start, followed by the 5K at 8 a.m. An award ceremony will be held at 9 a.m., and the kids dash caps off the event at 9:45 a.m. All in-person participants will receive a donut-inspired race shirt, a finisher medal and complimentary Shipley Do-Nuts goodies at stops along the route and at the finish, while supplies last. 'This will be the most delicious run of the year, and we look forward to seeing running clubs, families and friends join us at the Sam Houston Race Park for a fun day in support of a great cause,' said Flynn Dekker, Shipley Do-Nuts CEO. 'This event combines our love for our hometown with our commitment to helping end childhood hunger in Houston. Plus, there's no better way to fuel up for a race than with fresh Shipley Do-Nuts.' Harris County has the highest rate of child food insecurity among the nation's highly populated areas, with more than 100,000 preschool-aged children — or 1 out of 4 — who may not know where their next meal is coming from. Shipley will donate a portion of all registration fees to Kids' Meals, which delivers free, healthy meals to the doorsteps of more than 9,000 food-insecure, preschool-aged children across Greater Houston. Every $2 provides a healthy meal for a child. Registration is now open at Those unable to participate but interested in supporting the cause can donate directly to Kids' Meals. About Shipley Do-NutsFounded in 1936, Houston-based Shipley Do-Nuts is one of the nation's oldest and largest donut brands, with more than 375 company-owned and franchised restaurants across 14 states, serving up its famous donuts, coffee and kolaches to generations of guests. Shipley is ranked No. 121 on Entrepreneur magazine's Franchise 500® 2025 list, is No. 1 in its category and is No. 147 on the Technomic 2024 Top 500. For franchising information, visit Follow Shipley on Instagram and Facebook @ShipleyDonuts, and sign up for Shipley Sweet Rewards at to unlock free donuts, discounted coffee, exclusive merchandise and more. Media Contact:Ashley Lennington, SPM Communicationsashleyl@

SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER
SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER

Yahoo

time24-06-2025

  • Business
  • Yahoo

SHIPLEY DO-NUTS BRINGS BACK THE DONUT DASH TO FIGHT CHILDHOOD HUNGER

Texas donut icon partners with Kids' Meals for 10K, 5K and kids run in Houston on Oct. 18 HOUSTON, June 24, 2025 /PRNewswire/ -- Houston's iconic Shipley Do-Nuts is lacing up for a sweet cause as it opens registration for the Donut Dash, to be held on Saturday, Oct. 18, 2025, at Sam Houston Race Park. The family-friendly event will feature 10K and 5K races plus a kids dash, with proceeds benefiting Kids' Meals, a local nonprofit fighting childhood hunger in the Houston area. The race kicks off at 7 a.m. with the 10K start, followed by the 5K at 8 a.m. An award ceremony will be held at 9 a.m., and the kids dash caps off the event at 9:45 a.m. All in-person participants will receive a donut-inspired race shirt, a finisher medal and complimentary Shipley Do-Nuts goodies at stops along the route and at the finish, while supplies last. "This will be the most delicious run of the year, and we look forward to seeing running clubs, families and friends join us at the Sam Houston Race Park for a fun day in support of a great cause," said Flynn Dekker, Shipley Do-Nuts CEO. "This event combines our love for our hometown with our commitment to helping end childhood hunger in Houston. Plus, there's no better way to fuel up for a race than with fresh Shipley Do-Nuts." Harris County has the highest rate of child food insecurity among the nation's highly populated areas, with more than 100,000 preschool-aged children — or 1 out of 4 — who may not know where their next meal is coming from. Shipley will donate a portion of all registration fees to Kids' Meals, which delivers free, healthy meals to the doorsteps of more than 9,000 food-insecure, preschool-aged children across Greater Houston. Every $2 provides a healthy meal for a child. Registration is now open at Those unable to participate but interested in supporting the cause can donate directly to Kids' Meals. About Shipley Do-NutsFounded in 1936, Houston-based Shipley Do-Nuts is one of the nation's oldest and largest donut brands, with more than 375 company-owned and franchised restaurants across 14 states, serving up its famous donuts, coffee and kolaches to generations of guests. Shipley is ranked No. 121 on Entrepreneur magazine's Franchise 500® 2025 list, is No. 1 in its category and is No. 147 on the Technomic 2024 Top 500. For franchising information, visit Follow Shipley on Instagram and Facebook @ShipleyDonuts, and sign up for Shipley Sweet Rewards at to unlock free donuts, discounted coffee, exclusive merchandise and more. Media Contact:Ashley Lennington, SPM Communicationsashleyl@ View original content to download multimedia: SOURCE Shipley Do-Nuts

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