Exhibit 21.1

Subsidiaries of the Registrant

Direct Subsidiary of the Registrant

Name

State of Organization

Percent Owned by the Registrant

Hostess Holdings, L.P.

Delaware

93.6

%

Hostess Holdings, GP, LLC

Delaware

100.0

%

Direct and Indirect Subsidiaries of Hostess Holdings, L.P. - Indirect Subsidiaries of the Registrant

Name

State of Organization or Incorporation

Percent Owned directly or indirectly by Hostess Holdings, L.P.

New Hostess Holdco, LLC

Delaware

100%

Hostess Holdco, LLC

Delaware

100%

HB Holdings, LLC

Delaware

100%

Hostess Brands, LLC

Delaware

100%

Hostess Brands Services, LLC

Delaware

100%

HB Holdings (RE), LLC

Delaware

100%

New HB Acquisition (RE), LLC

Delaware

100%

2727939 Ontario, Inc.

Ontario

100%