YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Krispy Kreme reached a deal to sell its majority stake in Insomnia Cookies.
Private equity firms Verlinvest and Mistral Equity Partners are the buyers.
Krispy Kreme received $127.4 million for the sale that reportedly closed on July 17. Krispy Kreme expects another $45 million as Insomnia Cookies’ debt is refinanced.
Read more from Nation's Restaurant News.
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