The deal brings Tasty D'Lites' Dunkin' franchise holdings to a total of 37 units, including existing units in North Carolina. | Photo: Shutterstock.
Private-equity firm Triton Pacific Capital Partners is taking on more Dunkin’ franchise units.
The Los Angeles-based investment firm said its portfolio company Tasty D’Lites LLC has acquired 17 Dunkin’ units, along with a central manufacturing location in Vermont.
Terms were not disclosed.
The purchase adds to Tasty D’Lites’ existing operations in Charlotte, N.C. With the deal, the company will own a total of 37 Dunkin’ restaurants across North Carolina and, now, Vermont.
Tasty D’Lites is part of Tasty Restaurant Group, the restaurant management company that operates nearly 410 quick-service restaurants on behalf of Triton Pacific, including brands like Pizza Hut, Burger King, Baskin-Robbins, KFC and Taco Bell, across 20 states.
“We are thrilled by the future growth opportunity this acquisition has presented us,” said Craig Faggen, Triton Pacific’s CEO, in a statement. “Dunkin’ is a well-established leader in the quick-service restaurant industry, especially in the Northeast, where there is an extremely loyal customer base. We believe that this demand combined with our tenured operational leadership and the attractive economics of the acquisition, provide a compelling opportunity for Tasty D’Lites and our partners.”
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December 19, 2023 at 06:51AM
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Tasty D'Lites LLC acquires 17 Dunkin' locations and a manufacturing plant in Vermont - Restaurant Business Online
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