CANTON, Mass. – A consortium of global private equity firms – consisting of Bain Capital Partners LLC, The Carlyle Group and Thomas H. Lee Partners LP – completed the acquisition of Dunkin’ Brands Inc. Wednesday from Pernod Ricard SA for $2.425 billion in cash. Dunkin’ Brands announced on Dec. 12, 2005, that it had reached a definitive agreement to be acquired by the consortium.
Jon L. Luther, chief executive officer of Dunkin’ Brands, has been appointed chairman of the newly formed board of directors, and Will Kussell, chief operating officer of the company, will also serve on the board. Bain Capital, The Carlyle Group and Thomas H. Lee Partners will each have three board seats.
Dunkin’ Brands Inc., headquartered in Canton, Mass., franchises more than 12,000 Dunkin’ Donuts, Baskin-Robbins and Togo’s shops worldwide.
Founded in 1950, today Dunkin’ Donuts is the No. 1 retailer of coffee-by-the-cup in America, selling 2.7 million cups a day, nearly 1 billion cups a year. Dunkin’ Donuts is also the largest coffee and baked goods chain in the world and sells more doughnuts, coffee and bagels than any other quick-service restaurant in America. Dunkin’ Donuts has more than 6,500 shops in 29 countries worldwide.
Based in Canton, Dunkin’ Donuts is a subsidiary of Dunkin’ Brands Inc.