Business

Fireman Capital Partners buys stake in Dunkin’ Donuts franchise group in Florida

AP File Photo.
AP File Photo.

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Fireman Capital Partners, a local private equity firm started by the Fireman family that once owned sneaker giant Reebok International, has acquired a majority stake in Surfside Coffee Co. LLC, a newly created entity that will own the Dunkin’ Donuts franchise network based in southern Florida. Surfside was recently formed through the purchase of two Dunkin’ Donuts franchise networks and is now the largest Dunkin’ Donuts franchise network in Florida. Terms of the transaction were not disclosed. “We are pleased to add significant resources and value to recently formed Surfside as it expands its footprint in southern Florida,” Dan Fireman, managing partner of Fireman Capital Partners, said. McDermott Will & Emery LLP acted as legal advisor to Fireman Capital Partners in the transaction. TD Bank is serving as lender to Surfside Coffee.

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