On the record · Other
Sprinkles Cupcakes
Pioneer of the gourmet cupcake trend. After KarpReilly acquisition, rapid expansion diluted the brand. All stores closed Dec 31, 2025 with one day notice to employees.
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 27, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
1 ownership record has an unresolved current/former status.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
Jan. 17, 2013
Dec. 31, 2025
Operations ceased
Operating outcome
Date not recorded
What happened under and after ownership
Operating outcome
No longer meaningfully operating
Closed all company-owned bakeries on December 31, 2025, in a direct shutdown without a bankruptcy filing.
No revival or new owner has been announced.
- Founded
- 2005
- Sponsor at closure
- KarpReilly
- TODAY · 2025 · all locations closed, no bankruptcy filed, founder statement
- Wikipedia · founded April 13, 2005 by Candace Nelson, first store in Beverly Hills
- Restaurant Dive · founder Candace Nelson sold the chain to private equity firm KarpReilly in 2012; company gave only a vague reason for the December 2025 closure of company-owned
Sources and evidence
Recorded transaction sources
These support a recorded transaction row. They have not passed the separate evidence-review process.
- R1Sprinkles Cupcakes Poised for Growth - KarpReilly LLC
KarpReilly · Company announcement · Jan. 17, 2013
Supports: Recorded transaction
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.