A trio of private equity firms - Bain Capital, the Carlyle Group and Thomas H. Lee Partners – reportedly has completed negotiations to acquire Dunkin' Brands, operator of food chains such as Dunkin' Donuts and Baskin Robbins ice cream, for about $2.4 billion.
Dunkin’ Brands’ management is expected to remain in charge of the company, which is being sold by French beverage company Pernod Ricard after getting it when it spent $14.2 billion to purchase Allied Domecq earlier this year.
Dunkin’ Brands’ management is expected to remain in charge of the company, which is being sold by French beverage company Pernod Ricard after getting it when it spent $14.2 billion to purchase Allied Domecq earlier this year.
- KC's View:
- We’re glad that the existing management is staying on, because we have this feeling that the suits who run Bain, Carlyle and Lee probably have no idea when it’s time to make the doughnuts.
