What franchisees should remember about Dunkin’s prior history as a private-equity-owned brand For many, 2020 will be a year to forget. But for the restaurant conglomerate Inspire Brands, it will be a year to remember. Having spent billions to acquire Dunkin’ and Baskin Robbins, Inspire has a tall – or Grande – order to fill:…
After six year of ownership, the trio of private equity (PE) firms that purchased Dunkin’ Brands for $2.4 billion, has effectively cashed out their remaining 30 percent stake. Bain Capital, Carlyle and TH Lee took a $500 million stock buyback in July 2012; the trio had already cashed out their investment through stock sales…
Lisa van der Pool of the Boston Business Journal reports that Dunkin’ Brands(DNKN) is brewing a cup of holiday cheer for a pair of private equity investors at Boston’s Bain Capital. Bain managing directors Andrew Balson and Mark Nunnelly are among a selkect group of executives, former executives and directors who are free to sell shares they personally hold in the company as of Wednesday – about two months ahead of scheduled end of a lock-up period on such sales.
Even before the opening bell rang on Wall Street on July 27, 2011 ushering in the company’s initial public offering (IPO), many franchise owners questioned if the agreement—presented in a letter former CEO Jon Luther signed on January 11, 2006 and granting franchise owners the chance to purchase stock in a “family and friends” pool—…
Click Book to Buy at Amazon Josh Kosman’s new book is called “The Buyout of America: How Private Equity Is Destroying Jobs and Killing the Economy.” As a business reporter specializing in private equity, mergers and acquisitions for the New York Post, Kosman has specific insight into how private equity firms buy and sell companies…
A heavy day of earnings and economic data, combined with stalled talks over the debt talks have contributed to a lower markets opening on Tuesday. Michael Casey and Paul Vigna discuss the market’s emerging cautiousness. (Photo: AP Photo.)
Christina Rexrode a AP business writer reports at Newsobserver that the parent of Dunkin’ Donuts plans to raise as much as $461 million when it takes the company public, up from the $400 million it originally estimated. The Price has been set at $18.00 per share.
Jenn Abelson of the Boston Globe reports that the Canton owner of Dunkin’ Donuts is weighing a roughly $500 million initial public offering in the second half of the year. The talks are still in the early stages and a bank has not yet been selected to lead the IPO, said the officials, who declined…