TBG Food Acquisition Corp. (“TBG FAC”) announced that it has opened three new Dunkin Brands’ stores in the first six months of 2012. One of the stores is located in the New York market and two of the stores are in the South Carolina market.
These store openings demonstrate TBG FAC’s successful execution on growth within its core geographies. The Company’s new store development initiatives are an important part of TBG FAC’s overall growth plans. 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 dedicated to bringing financial and operational resources to small and middle-market companies. TBG’s team consists of experienced private equity professionals, as well as a select group of Industry Operating Partners who are leading executives in our targeted industry segments. This Industry Partner approach to investing is the cornerstone of our investment strategy – creating value through partnership in targeted industries with small and 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 48 Dunkin’ Brands locations and has exclusive store development agreements to open an additional 20 stores in its designated market of Westchester County, New York and Greenville and Columbia, South Carolina.