Bruegger’s: acquires Triangle Bagels and Bagel Factory

Burlington / VT. (bw) Bruegger´s Enterprises Inc., second largest U.S. bagel bakery with approximately 274 stores including 110 franchisees in 22 states, announced that it has acquired Triangle Bagels Inc., a franchisee of 14 Bruegger´s bakery-cafes in North Carolina, and Bagel Factory Inc., an operator of five bagel bakeries located in Philadelphia and its suburbs. Triangle is being acquired from its owner Edward Davis, a Bruegger´s franchisee, and Bagel Factory from the Becattini family. The five Bagel Factory locations will complement 18 existing Bruegger´s bakery-cafes in Pennsylvania. Triangle´s 14 Bruegger´s locations are part of Bruegger´s 32-store North Carolina footprint. Terms of the acquisition were not disclosed. Founded in 1983, Bruegger´s is an affiliated portfolio company of Sun Capital Partners Inc., a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies (press release).