Dunkin' Brands

{{Infobox company

| name = Dunkin' Brands Group, Inc.

| logo = Dunkinbrands logo.png

| logo_size = 200

| image = Dunkin Brands headquarters.jpg

| image_size = 250

| image_caption = Dunkin' Brands headquarters pictured in 2009

| type = Public

| traded_as = {{NASDAQ was|DNKN}} (2011–2020)

| genre =

| fate = Merged to Inspire Brands

| foundation = 1994 as Allied Domecq Quick Service Restaurants
{{start date and age|2004}} as Dunkin' Brands

| founder =

| dissolved = {{end date and age|2020|12|15}}

| location = Canton, Massachusetts, United States

| area_served = Worldwide

| industry = Fast food restaurants

| predecessors =

| successor = Inspire Brands

| products =

| services =

| market cap =

| revenue = {{Increase}} {{US$|link=yes}}860.5 million (2017){{cite web|url=https://finance.yahoo.com/quote/DNKN/financials?p=DNKN|title=filing|publisher=Dunkin' Brands Group, Inc.}}

| operating_income = {{Increase}} {{US$|link=yes}}447 million (2017)

| net_income = {{Increase}} {{US$|link=yes}}195.576 million (2016)

| assets = {{Increase}} {{US$|link=yes}}3.227 billion (2016)

| equity = {{Increase}} {{US$|link=yes}}-163.258 million (2016)

| num_employees = {{Increase}}270,000 (2015){{cite web | title=Dunkin Brands Profile | publisher=Boston Jobs Source| date=19 December 2021 | url=http://www.bostonjobsource.com/dunkin.html}}

| key_people = Nigel Travis (executive chairman)
David Hoffmann (CEO)

| parent =

| divisions =

| subsid = Baskin-Robbins
Dunkin'
Mister Donut

| homepage =

| footnotes =

| intl =

}}

Dunkin' Brands Group, Inc. was an American restaurant holding company that ran three chains of fast-food restaurants: Dunkin' Donuts, Mister Donut, and Baskin-Robbins. It was headquartered in Canton, Massachusetts."[http://www.baskinrobbins.com/About/Contact.aspx Contact Us]." Baskin-Robbins. Retrieved on January 14, 2010. It was acquired by Inspire Brands in 2020.

History

=Allied-Lyons=

In 1973, British food company J. Lyons & Co. purchased Baskin-Robbins from United Brands. J. Lyons and Co. merged with Allied Breweries, becoming Allied-Lyons in 1978. In 1990, Allied-Lyons acquired Dunkin' Donuts and Mister Donut.

=Allied Quick Service Restaurants=

In 1994, Allied-Lyons merged with Pedro Domecq S.A., becoming Allied Domecq. The restaurant operations were merged under a subsidiary named Allied Domecq Quick Service Restaurants. In 1997, Togo's was acquired by Allied Domecq.{{cite press release|url=http://www.prnewswire.com/news-releases/allied-domecq-to-acquire-togos-eateries-compliments-baskin-robbins-and-dunkin-donuts-brands-74753467.html|title=Allied Domecq to Acquire Togo's Eateries; Compliments Baskin-Robbins and Dunkin' Donuts Brands|work=Allied Domecq, PLC|via=PR Newswire|accessdate=3 April 2018|archive-date=28 October 2017|archive-url=https://web.archive.org/web/20171028094054/https://www.prnewswire.com/news-releases/allied-domecq-to-acquire-togos-eateries-compliments-baskin-robbins-and-dunkin-donuts-brands-74753467.html|url-status=dead}}

=Dunkin' Brands=

File:Dunkin Brands.png

In 2004, Allied Domecq Quick Service Restaurants was renamed "Dunkin' Brands, Inc.". On December 12, 2005, Pernod Ricard, which had just taken control of Allied Domecq, announced the sale of Dunkin' Brands to a consortium of private equity firms consisting of Bain Capital, The Carlyle Group and Thomas H. Lee Partners for $2.425 billion in cash.{{cite web|url=http://www.thl.com/newsroom/press-release?year=2005&id=1528|title=Dunkin' Brands to Work with New Private Equity Owners to Continue Aggressive Growth Plans - Thomas H. Lee Partners|website=www.thl.com|accessdate=3 April 2018|archive-date=3 April 2018|archive-url=https://web.archive.org/web/20180403234703/http://www.thl.com/newsroom/press-release?year=2005&id=1528|url-status=dead}}{{Cite web |last=The Carlyle Group |date= |title=How Carlyle Creates Value |url=https://www.carlyle.com/sites/default/files/case-studies/Dunkin_case_study.pdf |url-status=live |archive-url=https://web.archive.org/web/20221120013515/https://www.carlyle.com/sites/default/files/case-studies/Dunkin_case_study.pdf |archive-date=November 20, 2022 |access-date= |website=Carlyle}} Dunkin' Brands, Inc. was renamed "Dunkin' Brands Group, Inc." after the transaction.

On November 30, 2007, Dunkin' Brands sold Togo's to Mainsail Partners, a San Francisco-based private equity firm, in partnership with Tony Gioia, a former president of Baskin-Robbins.{{cite web|url=https://www.latimes.com/archives/la-xpm-2007-dec-04-fi-briefs4.s5-story.html|title=Dunkin' Brands sells Togo's chain|first=Times Wire|last=Services|date=4 December 2007|publisher=|access-date=3 April 2018|via=LA Times}}{{cite press release|url=http://www.prnewswire.com/news-releases/dunkin-brands-to-divest-togos-56584482.html|archive-url=https://web.archive.org/web/20180404072927/https://www.prnewswire.com/news-releases/dunkin-brands-to-divest-togos-56584482.html|archive-date=4 April 2018|title=Dunkin' Brands to Divest Togo's|publisher=Dunkin' Brands, Inc.|via=PR Newswire|date=20 October 2006}}

In July 2011, Dunkin' Brands completed its initial public offering and became listed on the NASDAQ Global Select Market (NASDAQ-GS large cap) under the symbol "DNKN".

In August 2012, Dunkin' Brands became completely independent of private equity firms.{{cite web|title=As Private Equity Cashes Out, What's Next for DNKN?|date = 5 September 2012|url=http://www.ddifo.org/?p=7664|accessdate=16 January 2013}}

In October 2017, Dunkin' Brands announced the company would invest $100 million in United States locations of Dunkin’ Donuts’. The company also said they are considering a name change to the shortened Dunkin'. The name change is being tested in a California location and a new store in Quincy, Massachusetts.{{cite news |last=Goodison |first=Donna |url=http://www.bostonherald.com/business/business_markets/2017/10/dunkin_donuts_sweetens_brand |title=Dunkin' Donuts sweetens Brand |work=Boston Herald |date=2017-10-27 |accessdate=2017-10-27 }}

On July 30, 2020, the organization announced it would permanently close 800 of its donut and coffee shops by the end of the year due to a sales slump caused by the coronavirus pandemic, primary locations inside convenience stores, namely Speedway.{{Cite web|last=Morona|first=Joey|date=2020-07-30|title=Dunkin' to close up to 800 stores in the U.S. by the end of the year|url=https://www.cleveland.com/entertainment/2020/07/dunkin-to-close-up-to-800-stores-in-the-us-by-the-end-of-the-year.html|url-status=live|archive-url=https://web.archive.org/web/20200801191503/https://www.cleveland.com/entertainment/2020/07/dunkin-to-close-up-to-800-stores-in-the-us-by-the-end-of-the-year.html |archive-date=2020-08-01 |access-date=2020-07-31|website=cleveland|language=en}}

Dunkin' Brands reported in October 2020 that negotiations were being held with the private equity-backed company Inspire Brands for Inspire to acquire the company. The potential deal includes Dunkin' Brands private stocks would be sold at $106.50 a share, a 20 percent premium over the closing prices reported on the 23rd of October, implying that the company is being evaluated at around $8.8 billion. A statement released by Dunkin' claimed that "there is no certainty that any agreement will be reached" and that no further comments will be released until an agreed-upon transaction is found.{{Cite news|last=Hirsch|first=Lauren|date=2020-10-25|title=Dunkin' Brands Is in Talks to Sell Itself and Go Private|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/10/25/business/dealbook/dunkin-brands-sale-private-equity.html|access-date=2020-10-30|issn=0362-4331}} Shares of the Dunkin' Brand have reportedly risen 33% in 2020 because of the possible Inspire Brands' deal.{{Cite news|last=Haddon|first=Heather|date=2020-10-29|title=Dunkin' Closes Stores as Deal Talks Continue|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/dunkin-closes-stores-as-deal-talks-continue-11603980651|access-date=2020-10-30|issn=0099-9660}}

On October 30, 2020, Dunkin' Brands announced that it would be acquired by Arby's owner Inspire Brands in a transaction valued at $11.3 billion, including the assumption of Dunkin' Brands' debt. The deal closed on December 15, 2020. Dunkin' Brands ceased to exist as a separate company, with Dunkin', Baskin-Robbins, and the trademark management of Mister Donut, becoming part of Inspire Brands.{{cite web|url=https://www.cnbc.com/2020/10/30/inspire-brands-to-buy-dunkin-brands-group-for-11point3-billion-including-debt.html|title=Inspire Brands to acquire Dunkin' Brands in $11.3 billion transaction|first=|last=|work=Dunkin' Brands|date=October 30, 2020|accessdate=November 2, 2020}}{{Cite web|date=2020-12-15|title=Inspire Brands Completes Acquisition of Dunkin' Brands|url=https://www.businesswire.com/news/home/20201215005741/en/Inspire-Brands-Completes-Acquisition-of-Dunkin%E2%80%99-Brands|access-date=2020-12-15|website=www.businesswire.com|language=en}}