Triton Pacific Affiliate Inks Deal for Portfolio of 17 Dunkin’ Restaurants

Triton Pacific Capital Partners, a sponsor of private placements, announced that its portfolio company, Tasty D’Lites LLC, recently executed a purchase agreement for 17 Dunkin’ (formerly known as Dunkin’ Donuts) restaurants and a central manufacturing location in Vermont.  Terms of the acquisition were not disclosed.

The company states that the acquisition serves as a “strategic secondary platform investment” and will complement its existing operations in Charlotte, North Carolina, while also establishing Tasty D’Lites’ presence in the Northeast.

“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.”

With this acquisition, 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 across 20 states.

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