Triton: acquires 17 Dunkin’ units and one production facility

Los Angeles / CA. (tri) Triton Pacific Capital Partners announced that its portfolio company, Tasty D’Lites LLC, executed a purchase agreement for 17 Dunkin’ restaurants and a central manufacturing location in Vermont. The acquisition serves as a strategic secondary platform investment for Tasty D’Lites, complementing the company’s existing operations in Charlotte, North Carolina and establishing a meaningful presence for Tasty D’Lites in the Northeast. These restaurants provide Tasty D’Lites a well-situated base with strong operations from which to execute the company’s multi-pronged growth strategy, largely consisting of add-on investments.

«We are thrilled by the future growth opportunity this acquisition has presented us,» said Craig Faggen, Triton Pacific’s CEO. «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.»

Tasty D’Lites now owns 37 Dunkin’ restaurants across Vermont and North Carolina. In total, Triton Pacific’s affiliated restaurant management company, Tasty Restaurant Group, manages a portfolio of nearly 410 quick service restaurants on behalf of Triton Pacific. In addition to Dunkin’, these restaurants also include major brands such as Pizza Hut, Burger King, Baskin-Robbins, KFC and Taco Bell operations in 20 states.

About Tasty Restaurant Group: Tasty Restaurant Group, LLC, is a vertically integrated quick service restaurant operator which brings in-depth leadership experience and expertise in operating, building, and exiting restaurant investments. The company provides management of portfolio companies controlled by Triton Pacific. Its leadership team brings over 20 years of experience and has operated approximately 50,000 franchisee/franchisor locations.