News

Dunkin' Brands' franchisee secures funding for growth

December 5, 2011

GE Capital, Franchise Finance recently provided a $21.5 million credit facility to The Beekman Group's portfolio company, TBG Food Acquisition Corp., a Dunkin' Donuts franchisee operating company.

The facilities include an $18.5 million term loan and a $3 million revolver. Part of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.

"GE Capital was the best choice for this transaction based on their knowledge of our business, and their ability to recapitalize the company and provide a liquidity facility for ongoing growth," said Andrew Marolda, managing director of The Beekman Group.

TBG FAC is a portfolio company of The Beekman Group dedicated to acquiring and growing franchise locations of recognizable consumer brands in the quick-service restaurant industry.

TBG FAC currently operates approximately 50 Dunkin' Brands locations throughout Westchester County, N.Y., Greenville, S.C., and Columbia, S.C.

TBG FAC is one of the largest franchisee networks in the Dunkin' Brands system and plans to open an additional 20 stores over the next few years.

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