TBG Food Acquisition Corp. (“TBG FAC”) had a successful 2013 with six store openings and a record year with revenues exceeding $40 million. The six new store openings brings TBG FAC’s total store count to 55 and includes locations in Westchester County, New York and Columbia, South Carolina. With a robust new store pipeline planned for 2014, TBG FAC will continue to execute on growth within its core geographies. TBG FAC CEO, Peter Marrinan, commented, “TBG FAC continues to bring the Dunkin’ experience to customers through new store openings, as well as successful product introductions. We look forward to continuing to expand the TBG FAC platform in conjunction with our partner, Dunkin’ Brands.”
About The Beekman Group
The Beekman Group is a leading private equity firm, based in New York, dedicated to bringing financial and operational resources to lower middle-market companies. Beekman’s team consists of experienced private equity professionals, as well as a select group of Industry Partners, who are leading executives in Beekman’s targeted industry segments. This Industry Partner approach to investing is the cornerstone of Beekman’s investment strategy – creating value through accelerating growth in partnership with small and middle-market management teams. For more information, please visit www.thebeekmangroup.com.
About TBG Food Acquisition Corp.
TBG Food Acquisition Corp. 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 55 Dunkin’ Brands locations and has exclusive store development agreements to open additional stores in its designated markets of Westchester County, New York and Greenville and Columbia, South Carolina.