Sprinkles automated cupcake ATM
Sprinkles' automated"Cupcake ATM."

KarpReilly buys interest in Sprinkles Cupcakes

Private equity firm invests an undisclosed sum in the cupcake company

Sprinkles Cupcakes said on Thursday that it was poised for growth after selling an undisclosed amount of its company to KarpReilly LLC, a private equity firm with multiple past and present foodservice investments.

Beverly Hills-based Sprinkles operates 11 bakeries in multiple cities, the Sprinklesmobile cupcake food truck and a gourmet cupcake vending machine.

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