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Magnolia Bakery Is in Its Private Equity Era | 1 Smart Business Story
Private equity and bakeries don’t tend to mix well. Sprinkles shuttered all of its locations in the wake of a private equity acquisition. Milk Bar and Crumbl closed many of their stores after PE entered the picture. But Magnolia Bakery is determined to change that pattern. It has a bold plan for expanding its global reach under RSE Venture’s ownership — without letting its quality slip. Inc. senior writer Jennifer Conrad has been hearing Magnolia’s strategy for doing private equity the right way, and she joins host Chloe Aiello on 1 Smart Business Story to explain. Plus, this week's Action Item: The art of the (social media) deal.

