Kodiak Cakes facts for kids

Kodiak Cakes is a brand of pancake and waffle mix. The brand, which began as a small family operation, is based in Park City, Utah. The brand has expanded to sell individual oatmeal, brownie mixes, frozen prepacked waffles, frozen prepacked pancakes, granola protein bars, and fruit syrups.

History

The pancake brand was founded in 1982 as a small family brand. In the 1990s the two brothers from the same family incorporated their family's business, but met with limited financial success. In 2014 the brand was featured on an episode of the American television show Shark Tank, though the company declined to make a deal with the show's hosts. Despite this, the company's sales increased, leading to the brand being cited as an example of a company that benefited from not reaching an agreement with the popular show.

L Catterton, a private equity firm, acquired a majority stake in the Kodiak Cakes in May 2021.