TBG Food Acquisition Corp. (“TBG FAC”) is pleased to announce the addition of 38 Mill Road in Eastchester, New York to its existing network of Dunkin’ Brands stores. The acquisition marks the conclusion of the bankruptcy reorganization process in which The Beekman Group purchased the original assets of TBG FAC nearly three years ago.
The transaction represents the second Dunkin’ Brands add-on acquisition to the TBG FAC platform operating throughout Westchester and Bronx counties. The acquisition expands the company’s presence within Westchester to the Eastchester market. TBG FAC Chairman, John G. Troiano said, “We are very excited to add the high performing 38 Mill Road store to our network of Dunkin’ Brands locations. In addition to our new store development efforts, selective acquisitions of Dunkin’ Brands locations represent an important part of the TBG FAC platform growth strategy.”
About The Beekman Group
The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to small middle-market companies. TBG’s team consists of experienced private equity and operating professionals, as well as a select group of Industry Partners who are leading executives in our targeted industry segments. Our targeted industry sectors are Financial Services, Consumer Products & Services, and Business Services. This Industry Partner approach to investing is the cornerstone of our investment strategy – creating value through partnership with small middle-market management teams.
About TBG Food Acquisition Corp.
TBG Food Acquisition Corp. (“TBG FAC”) is a private-equity backed platform company dedicated to acquiring and growing franchise locations of highly recognizable consumer brands in the quick service restaurant industry. TBG FAC currently operates over twenty five Dunkin’ Brands locations and has exclusive store development agreements to open an additional twenty stores.
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