Peak Rock Capital, a private equity firm, completed the acquisition of Shipley Do-Nuts, an American doughnut company and coffeehouse chain. Financial terms were not disclosed. "My grandfather, father, and I have dedicated our lives to serving Shipley Do-Nuts, our franchisees and our guests. After an exhaustive search, it became clear that Peak Rock Capital was the ideal steward of our business as it pursues the next stage of growth. My family is thrilled to continue as investors in the company, and we look forward to the exciting growth to come," Lawrence Shipley III, Shipley Do-Nuts President.