Iconic Houston Doughnut Chain Shipley’s Bought by Private Equity Firm

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Shipley Do-Nuts sold to private equity firm

Shipley Do-Nuts, the Houston’s based breakfast shop first founded in 1936, has been sold to an Austin-based private equity firm. The firm, Peak Rock Capital, has other holdings in the food and beverage industry. In a statement, Lawrence Shipley III said the family would maintain a stake as investors in the company, but that he was stepping down as president. “My grandfather, father, and I have dedicated our lives to serving Shipley Do-Nuts, our franchisees and our guests,” he said. Shipley, known for its doughnuts and kolaches, has more than 300 stores throughout the Southern United States.

JuiceLand lands in Bellaire with fundraiser for Southern Smoke

JuiceLand, the popular Austin-based juice and smoothie bar, will open it’s sixth Houston location in Bellaire next weekend with a fundraiser for Southern Smoke Foundation, the Houston-based nonprofit that benefits hospitality workers. The opening will take place on Saturday, January 16, at Bellaire Town Center, 5103 Bellaire Boulevard. One hundred percent of proceeds from sales for that day will benefit Southern Smoke. Customers will also receive a free fanny pack.

Karbach launches new Ranch Water Seltzer

Karbach Brewing is stepping outside the beer market with the launch of its first ever hard seltzer, a take on the popular Texas tipple Ranch Water. While the cocktail is typically made with tequila, Topo Choico and a generous squeeze of lime, Karbach’s Ranch Water Hard Seltzer will be made with hard seltzer (ABV 4.5%) lime and agave syrup. The beverage, which is sold in cans, is expected to land in stores sometime this month.