Snack cake company Hostess will once again be a publicly traded company, announcing Tuesday it will be sold to Gores Holdings, a special acquisition company run by The Gores Group, nearly four years after the Twinkie manufacturer sought bankruptcy protection.

Majority owners Apollo Global Management, LLC and C. Dean Metropoulos and family will sell off their stake in Hostess, currently valued at approximately $2.3 billion. Goros Holdings is putting up $375 million in cash to acquire the company. An additional $350 million is being supplied by Gores CEO Alec Gores and other investors.