The acquisition has made Inspire Brands the second-largest restaurant company in the U.S. by system sales and locations.
Inspire Brands, Inc. today announced the completion of its $11.3bn acquisition of Dunkin’ Brands Group, Inc.
With the addition of Dunkin’ and Baskin-Robbins, Inspire now encompasses nearly 32,000 restaurants across more than 60 countries generating $26bn in annual system sales, making it the second-largest restaurant company in the U.S. by both system sales and locations. Inspire’s portfolio of brands now includes Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, Rusty Taco, and SONIC Drive-In.
“We are very excited to welcome the Dunkin’ and Baskin-Robbins brands into the Inspire family,” said Paul Brown, co-founder and CEO of Inspire Brands. “Dunkin’ and Baskin-Robbins are category leaders and two of the most iconic restaurant brands in the world.
“This is an incredible moment in our journey as a company. I want to thank all our team members, franchisees and suppliers whose hard work helped make this possible.”
As part of the acquisition, Dave Hoffmann, formerly CEO of Dunkin’ Brands, will report to Paul Brown as senior advisor and will help navigate the integration into Inspire. Scott Murphy will assume the role of Hhad of the Inspire Beverage-Snack Category and president, Dunkin’, reporting directly to Paul Brown. Jason Maceda will assume the role of president, Baskin-Robbins reporting to Scott Murphy. Both will join the Inspire executive team.
“We are excited to reach this important milestone together with our incredible franchisees, licensees, employees, and suppliers,” said Dave Hoffmann. “Over the past few years, we have accomplished much to be proud of including the execution of our strategic plans that led to the transformation of our two beloved, iconic brands. We are confident that Inspire’s proven stewardship of franchised restaurant concepts and best-in-class capabilities will drive further growth for both Dunkin’ and Baskin-Robbins around the world.”
