RSE Ventures completed the acquisition of Magnolia Bakery.

RSE Ventures, a venture capital firm, completed the acquisition of Magnolia Bakery, a chain of bakeries. Financial terms were not disclosed. "Magnolia is a good match with the rest of RSE. VaynerMedia, a digital agency that is part of the RSE family, could help with growing Magnolia’s e-commerce operations," Matt Higgins, RSE Ventures Co-Founder and CEO.