{"id":105086,"date":"2025-07-30T15:07:12","date_gmt":"2025-07-30T15:07:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/105086\/"},"modified":"2025-07-30T15:07:12","modified_gmt":"2025-07-30T15:07:12","slug":"shipley-do-nuts-acquired-by-private-equity-firm-for-second-time-in-4-years","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/105086\/","title":{"rendered":"Shipley Do-Nuts acquired by private equity firm for second time in 4 years"},"content":{"rendered":"<p>\t\t\t\tThe Houston-based donut and kolache company Shipley Do-Nuts has been acquired by <a href=\"https:\/\/www.llcp.com\" target=\"_blank\" rel=\"noopener\">Levine Leichtman Capital Partners<\/a> for an undisclosed amount, according to a July 28 <a href=\"https:\/\/www.llcp.com\/levine-leichtman-capital-partners-and-management-acquire-shipley-do-nuts\/\" target=\"_blank\" rel=\"noopener\">news release<\/a>.<\/p>\n<p><strong>What you need to know <\/strong><\/p>\n<p><a href=\"https:\/\/shipleydonuts.com\" target=\"_blank\" rel=\"noopener\">Shipley Do-Nuts<\/a> was established in 1936 by Lawrence Shipley Sr. and has since grown to be the nation&#8217;s largest donut and kolache brand with over 375 locations across 14 states, according to the release.<\/p>\n<p>The Shipley family managed the business until 2021, when the company was acquired by Austin-based private investment affiliate Peak Rock Capital, Community Impact <a href=\"https:\/\/communityimpact.com\/houston\/the-woodlands\/impacts\/2021\/01\/11\/shipley-do-nuts-acquired-by-austin-based-private-investment-firm-affiliate\/\" target=\"_blank\" rel=\"noopener\">previously reported<\/a>.<\/p>\n<p><strong>The details <\/strong><\/p>\n<p>LLCP is based in Beverly Hills, California, with offices across North America and Europe. According to the release, Shipley will continue to operate from its Houston headquarters under the existing executive team, including CEO Flynn Dekker.<\/p>\n<p>\u201cWe are excited to partner with Flynn and the outstanding Shipley management team, who have been executing on a successful growth strategy,\u201d Matthew Frankel, managing partner of LLCP, said. \u201cTogether, 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.\u201d<\/p>\n<p>LLCP has a track record of acquiring companies and selling them off under favorable conditions. The firm sold Tropical Smoothie to Blackstone last year for a <a href=\"https:\/\/www.tropicalsmoothiefranchise.com\/in-the-news\/blackstones-tropical-smoothie-acquisition-wins-deal-of-the-year\/#:~:text=The%20sale%2C%20for%20a%20reported,not%20comment%20for%20this%20story.\" target=\"_blank\" rel=\"noopener\">reported $2 billion<\/a>, according to multiple <a href=\"https:\/\/www.llcp.com\/levine-leichtman-capital-partners-and-management-acquire-shipley-do-nuts\/\" target=\"_blank\" rel=\"noopener\">news releases<\/a>. Shipley is LCCP\u2019s 18th franchise investment.<\/p>\n<p><strong>Quote of note<\/strong><\/p>\n<p>\u201cShipley 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\u2019s greatest donut to an even wider audience,\u201d Dekker said. \u201cTheir 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.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Houston-based donut and kolache company Shipley Do-Nuts has been acquired by Levine Leichtman Capital Partners for an&hellip;\n","protected":false},"author":3,"featured_media":105087,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5130],"tags":[4345,67662,67663,67661,358,3187],"class_list":{"0":"post-105086","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-houston","8":"tag-houston","9":"tag-levine-leichtman-capital-partners","10":"tag-peak-rock-capital","11":"tag-shipley-do-nuts","12":"tag-texas","13":"tag-tx"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=105086"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/105087"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=105086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=105086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=105086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}