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Dunkin' Brands to go private in $8.76B deal by Arby's owner - Fox Business

Dunkin' Brands to go private in $8.76B deal by Arby's owner - Fox Business

Dunkin' Brands to go private in $8.76B deal by Arby's owner - Fox Business
Oct 31, 2020 1 min, 3 secs

Inspire Brands Inc will buy Dunkin' Brands Group Inc for $8.76 billion, the two companies said late on Friday, bringing chains like Arby's and Dunkin' Donuts under the same umbrella in one of the largest restaurant deals.

Inspire Brands, which owns Arby's, Buffalo Wild Wings and Sonic Drive-In, said its all-cash deal to take the owner of Dunkin' Donuts and Baskin-Robbins chains private would value it at $106.50 a share.

Dunkin' and Baskin-Robbins will operate as distinct brands within Inspire, the companies said.

will continue to drive growth for our franchisees while remaining true to all that is unique and special about the Dunkin’ and Baskin-Robbins brands," Dunkin' Brands Chief Executive Officer Dave Hoffmann said.

Dunkin' Brands operates 12,900 Dunkin' restaurants and more than 8,000 Baskin-Robbins stores around the world.

Inspire Brands, which was formed in 2018 by private equity firm Roark Capital as a holding company, has a portfolio of more than 11,000 restaurants.

"They will strengthen Inspire through their scaled international platform and robust consumer packaged goods licensing infrastructure, as well as add more than 15 million loyalty members," Paul Brown, chief executive officer of Inspire Brands, said.

Barclays was the financial adviser to Inspire, while BofA Securities advised Dunkin’ Brands.

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