Who owns dunkin donuts private equity

And as the pandemic keeps the pressure on businesses, he said these sorts of public-going-private deals are something we may see more of. Our mission at Marketplace is to raise the economic intelligence of the country. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. Skip to content. Erika Beras Oct 26, Heard on:. Listen Now. Share Now on:. Michael M. Dunkin Donuts and Coke join forces in bottled coffee.

Reusable cups are slowly making a comeback. He noted that through the two brands, Inspire will have access to international customers and more than 15 million loyalty program members, among other things. The purchase will almost triple Inspire's restaurant footprint: Dunkin' has more than 12, locations, and Baskin-Robbins has nearly 8, Read More. Dunkin' is going private.

Dunkin' CEO Dave Hoffman said in a statement that the deal will "bring meaningful value to shareholders," and that he expects it to drive growth for franchise operators.

In recent years Dunkin' has been emphasizing its coffee. In , it dropped "Donuts" from its name and since then has invested in espresso machines and new brewing equipment. It's also tested out new breakfast items, including a plant-based sausage sandwich. Before the pandemic, breakfast was one of the few growing sectors in the fast food space.

But now, breakfast sales are slumping because of the disruption to morning commutes. Many who work from home have been eating breakfast and drinking coffee at home, too. But sales have been improving. In the following three months, same-store sales at US Dunkin' stores ticked up.

They improved from month to month in the quarter, the company said. To help turn sales around, Dunkin' made a few quick pivots. It added foods, like cream-cheese stuffed bagel minis, that would appeal to customers who visited stores in the afternoon. It also started serving its fall menu earlier in the year, and partnered with TikTok star Charli D'Amelio in a bid for younger customers. That gambit paid off: When the Charli promotion launched, Dunkin' hit a record for daily active app users.

And with local and independent coffee shops struggling, bigger chains like Dunkin' could swoop in to steal market share or grow their footprints.