KO Client Hans Röckenwagner Bakery Sold to Private Equity Firm ICV Partners

KO client Röckenwagner Bakery, a Los Angeles-based artisan chef-driven bakery that produces more than 100,000 pieces per day at an around-the-clock operation, was sold to private equity firm ICV Partners in late 2024.

Owners Hans and Patti Röckenwagner, who were the sole owners of Röckenwagner Bakery, now own a minority stake, have joined the board, and will help grow the business as ICV aims to double the size of the business in the next three years and turn it into a national brand. According to Forbes, Hans and Patti “bootstrapped a business that turned into a culinary mainstay.”

“We were never the flashy baker,” Hans told Forbes. “I think we, in our own quiet way, came up with something that’s quite impressive. I would sum it up as reliability, because hundreds of chefs and thousands of customers rely on my product every single day.”

KO managing partner Jennifer Rosenthal led the KO deal team which also included attorney Samantha Pjesky, attorney Michael Wysolmerski, and corporate paralegal Caitlyn Knudson. Read more about the Röckenwagner sale in Forbes.