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Joyal Capital Management LLC (JCM), a Boston-based financial advisory firm specializing in estate and business planning and investment management, announced that its client, Cafua Management, is purchasing 20 South Florida Dunkin’ Donuts locations, with plans to acquire an additional 30 locations in late summer. The deal will result in a transaction value of more than $50 million.
The acquisition of the 20 stores in Broward County will give Cafua Management more than 300 locations across eight states and makes him the largest Dunkin’ Donuts franchise owner. Joyal Capital Management and its affiliates are the largest providers of financial services to Dunkin’ Donuts franchises in the U.S. and have closed more than $500 million in franchise purchase transactions. In April, the company helped close an acquisition for 20 stores throughout southern Florida.
“We had a vision of what we wanted to accomplish in growing our business,” says Mark Cafua, CEO of Cafua Management. “JCM was perfectly positioned to help us achieve that goal because of their long successful history in managing franchise deals, and we’re looking forward to working alongside them in many future successes.”
Joyal Capital Management and Cafua Management have enjoyed a working relationship for more than 15 years. As the financial advisors for the deal, JCM was instrumental in closing the purchase, acquiring the debt placement for the deal, and will continue to consult with the Cafua Management.
"The Dunkin' Donuts brand has seen robust growth over the past few years while providing excellent returns for investors," says Gary F. Joyal, CEO and managing partner of Joyal Capital Management. "We're delighted that we could support Mark’s efforts to expand and look forward to continuing a great partnership.