Beach Point Capital Management has finalised an investment in Metro Franchising, a Dunkin' franchisee with 105 stores across the US New York metro area.
Stuart Cohen and Paul Waltzer will maintain their executive roles as CEO and president of Metro Franchising respectively. They will also continue as shareholders, now in alliance with Beach Point.
Cohen said: “The partnership with Beach Point represents a new chapter for Metro Franchising, and we are confident that with their support, we will be able to accelerate our growth locally and in new markets.
“Beach Point's deep understanding of our business and the franchising landscape is exactly what we need to further our expansion goals.”
The previous sponsor, Quilvest Capital Partners, played a significant role in Metro Franchising's expansion.
Under its guidance, the company grew from 44 to 105 stores, more than doubling its reach through strategic acquisitions and the opening of new stores.
Quilvest Capital Partners also invested in Metro Franchising's corporate infrastructure, enhancing its human capital, financial and IT systems.
Quilvest Capital Partners contributed to establishing a professional board for Metro Franchising. They appointed independent members with expertise in the quick service restaurant (QSR) sector to assist management with growth strategies.
Beach Point managing director Bordon Lai said: “Dunkin' is an iconic brand providing great value to millions of loyal customers across North America, and we are very excited to support Metro Franchising's continued growth and expansion.
“Stuart and Paul have built Metro Franchising into one of the top franchisees in the system, and having known and worked with them since 2015, I am thrilled to partner with them again.”
In July 2024, Inspire Brands, Dunkin's parent company, signed a master franchise agreement with QSRP to launch the brand in France.