“The Beekman Group’s preparedness and business understanding is second to none. They truly understand our business, listening to our ideas as well as offer ideas of their own. Their strategic direction and tactical implementation will continue to help grow and expand our business.”

“Our partnership with The Beekman Group is tremendously collaborative, which allows for an open line of communication and thought. They are available anytime to ensure that we have alignment between my team’s direction and the direction they feel we should be moving.”

Peter Marrinan
CEO, TBG Food Acquisition Corp. (Former Senior Executive, Dunkin’ Brands)
After a failed bankruptcy auction process, TBG worked in conjunction with Dunkin’ Brands and the Bankruptcy Trustee to close the transaction and extended lease and franchise agreement terms. TBG initially held interim CEO and interim CFO roles until the Company was stabilized and transitioned out of bankruptcy successfully. Since closing the acquisition, TBG FAC has grown its network from 16 net stores to 45 stores in two DMAs (New York and South Carolina) through new store development and through strategic acquisitions. Post closing, TBG recruited Pete Marrinan from Dunkin’ Brands with 15 years of operations and development experience and completely restructured the company’s finance and corporate infrastructure, making critical improvements to reporting, controls, and operational personnel and processes. Through a disciplined planning process in conjunction with Mr. Marrinan, TBG FAC has improved gross margins by 700 basis points by restructuring bakery operations and reducing food, labor and utility costs. TBG recently successfully negotiated with the franchisor for exclusive development rights to develop an additional 20 stores in its core markets.