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. RELATED • Sprinkles installs “cupcake ATM” • Largest Applebee’s franchisee adds Taco Bell ...

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