‎QSR magazine:
Dunkin’ Donuts announced the signing of a multiunit store development agreement
with franchisee The Beekman Group for its portfolio company, TBG Food Acquisition Corp. (“TBGFAC”) to build 14 new restaurants in South Carolina. TBGFAC will develop six restaurants in Greenville and eight in Columbia. Restaurants in both markets will begin to open in 2011 with the 14-store development expected to be completed by 2016.
The Beekman Group is a private equity firm focused on partnering with small and middle-market companies to achieve strong growth potential. The Beekman Group partnered with Peter Marrinan, a 14-year Dunkin’ executive, to develop TBGFAC through new store development and strategic acquisitions. TBGFAC began with 16 stores in December 2005 and owns and operates 44 locations, including 14 restaurants in Greenville in addition to its 30 locations in and around Westchester County, New York.