Business

Fireman buys stake in Dunkin’ Donuts Fla. franchise group

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, said it 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, the firm said in a statement. 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 in a statement.

Dunkin’ Donuts and sister chain Baskin-Robbins are operated by Dunkin’ Brands Group Inc., which is based in Canton.

Globe staff

Chris Reidy can be reached at reidy@globe.com.
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