Bain Capital to buy Domino's franchisee in Japan
Bain Capital, a Boston investment firm that has made investments in such restaurant chains as Dunkin' Donuts and Burger King, said that it has agreed to buy the master franchisee of Domino's Pizza in Japan.
The franchisee is Higa Industries Co. Ltd., which currently operates 179 franchised Domino's Pizza stores in Japan.
Financial terms of the transaction were not disclosed.
Bain Capital noted that it has a history with Domino's; in 1998, Bain Capital acquired a majority stake in Domino's. In 2004, Domino's became a public company, and Bain Capital retains "a significant minority stake" in the company, its press release said.
The image of a Domino's Pizza that appears with this post is an AP file photo.