Pancake mix maker Kodiak Cakes acquired, 2021-05-25

GREENWICH, CONN. — Private equity firm L Catterton has acquired better-for-you food brand Kodiak Cakes for an undisclosed amount. Existing shareholders including Sunrise Strategic Partners, Trilantic North America and the company’s founders and management team will continue to own a significant minority stake in the business. Based in Park City, Utah, Kodiak Cakes offers an assortment of whole grain pancake and waffle mixes, frozen waffles and pancakes, oatmeal, baking mixes and snacking products. The company is led by co-founder and chief executive officer Joel Clark . . .
Buyer L Catterton has significant experience in investing in consumer brands.

Kodiak Cakes, a $200m overnight success story? Far from it, says co-founder and president

Kodiak Cakes acquired by L Catterton, a private equity firm, 2021-05-25

Kodiak Cakes Frontier Oat Gluten Free Protein Pancake and Waffle Mix, 16oz (Pack of 6) : Grocery & Gourmet Food

How Joel Bootstrapped and Pitched His Way to a $160 Million Business After All the Sharks Said No to His Mom's Pancake Recipe - Capitalism

1

Kodiak, Power Cakes Buttermilk Flapjack & Waffle Mix, 20 oz per count, 3 Count

Made with non-GMO whole wheat and oat flours, and packed with 14g protein per serving Up the protein to 18g by adding milk, and 21g by adding milk

Kodiak Cakes Protein Pancake Power Cakes, Flapjack and Waffle Baking Mix, 20 Buttermilk 60 Ounce (Pack of 3)

Kodiak Cakes Privately Acquired

How Kodiak Changed Pancakes, and Is Moving Into Other Aisles Too

Kodiak Cakes Privately Acquired

Kodiak Cakes Power Cakes Protein Pancake Mix & Waffle Mix - 100% Whole Grain - Blueberry (Pack of 6)