Find the equilibrium points as pointed out above by solving for $y'=0$ . As for bifurcation, we have to find the values of parameter $k$ at which there will be a qualitative change in dynamics.For $k>0$ , there will be three equilibrium points.
Rewriting $y'$ as $y' =(2+y)(\sqrt(k)+y)(\sqrt(k)-y)$
Now if k >0 , there are three roots for this polynomial and two are negative. Also if k is not equal to 4, the roots will be distinct. When k=4 , two roots will be -2 and one will be 2. When roots are distinct , the smallest root will be a stable equilibrium point followed by an unstable and another stable equilibrium point in that order. But at K=4, the stable and unstable equilibrium points coalesce at y =-2 and the equilibrium will be stable in one direction and unstable in the other. Hence there is a qualitative change in dynamics at k=4.
Once again, as k becomes zero. the second and third equilibrium points will coalesce and produce a similar situation as discussed above but only with direction of stability reversed. Finally for k <0 , there will be only one equilibrium point and it will be stable . Hence there is a qualitative change in dynamics at $k =0$ too.
Hence my guess would be that the roots are -2, $\sqrt(k)$,$-\sqrt(k)$
and bifurcation points are $k=4 ,0$