News

Doc Popcorn acquired by Dippin’ Dots

July 2, 2014

Dippin’ Dots Franchising LLC has announced the acquisition of kettle-cooked popcorn concept Doc Popcorn. Based in Boulder, Colo., Doc Popcorn’s franchise footprint includes nearly 100 franchise partners in 30 states, Japan, Mexico and Puerto Rico.

"This acquisition represents a significant addition to our portfolio of leading snack food franchises," Dippin’ Dots President Scott Fischer said in a news release. "From the start, our goal has been to achieve controlled, coordinated and sustainable growth for Dippin’ Dots through long-term moves including the strategic acquisition of quality brands like Doc Popcorn."

With the acquisition, Doc Popcorn’s founders, Rob and Renée Israel will remain involved in the business. Dippin’ Dots plans to support Doc Popcorn in its next phase of growth by investing in the expansion of the company’s U.S. and international footprint. In particular, Dippin’ Dots is looking at distributing Doc Popcorn products through its existing franchise system and vice-versa. The company also plans to leverage its concession and food service relationships to target additional high-traffic venues for new Doc Popcorn units, the release said.

"We are drawn to Doc Popcorn because it complements the Dippin’ Dots’ brand and corporate growth strategy," said Mark Liebel, Dippin’ Dots vice president of business development and new ventures. "We see opportunities to expand Doc Popcorn’s distribution both domestically and abroad as well as the potential to jointly sell both brands’ products in existing venues and new venues."

The Doc Popcorn business will be operated out of Dippin’ Dots headquarters in Paducah, Ky. Although no immediate plans were announced regarding Doc Popcorn’s administrative and distribution facilities, the company plans to maintain a presence in its hometown of Boulder, Colo.