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Duck Donuts sold to NewSpring, Betsy Hamm promoted to CEO | Nation s Restaurant News

Founder Russ DiGilio to retain a stake and serve on board of directors Duck Donuts, a 102-unit doughnut chain based in Mechanicsburg, Pa., has been acquired by an affiliate of NewSpring Capital, a private equity firm based in Radner, Pa., and has promoted Betsy Hamm to CEO from chief operating officer, the chain said Tuesday. Russ DiGilio, who founded Duck Donuts in 2007 in the town of Duck, N.C., on the state’s Outer Banks, and started franchising in 2013, remains a “significant owner” of the concept and will be a member of the chain’s newly formed board of directors, according to a release announcing the sale, which said Hamm would “focus on building and protecting the franchise brand and providing best-in-class franchise support while driving company growth and profitability. She is responsible for strengthening company culture, ensuring operational efficiencies, and maximizing franchisee success.”

Duck Donuts sale to private equity company expected to elevate brand to the next level

Duck Donuts sale to private equity company expected to elevate ‘brand to the next level’ Updated 5:50 PM; Today 4:29 PM NewSpring Capital, a family of private equity strategies based in Philadelphia, acquired Duck Donuts, which is headquartered in Hampden Township. File photo by Dan Gleiter | dgleiter@pennlive.comHAR Facebook Share Duck Donuts and its string of franchise locations today were acquired by a private equity company in a move designed to expand the brand, according to a press release. NewSpring Capital, a family of private equity strategies based in Philadelphia, acquired the doughnut company, which is headquartered in Hampden Township. Duck Donut founder and CEO Russ DiGilio, who opened the first shop in Duck, North Carolina in 2007, said the partnership with NewSpring Franchise will accelerate growth and brand awareness as well as access to capital and resources to strengthen infrastructure and locations.

Студенти взеха участие в залесителна инициатива на Столичната община - Общество

Студенти взеха участие в залесителна инициатива на Столичната община - Общество
novini.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novini.bg Daily Mail and Mail on Sunday newspapers.

New PennSpring Partner Further Bolsters Internal Financial Analysis Expertise

New PennSpring Partner Further Bolsters Internal Financial Analysis Expertise Former RKL CPA Andrew Rice Adds Transaction Leadership to Burgeoning Sell-Side Practice News provided by Share this article Share this article LANCASTER, Pa., April 6, 2021 /PRNewswire/  PennSpring Capital, a people-forward investment firm focused on lower middle market opportunities in South Central Pennsylvania, announced today the addition of Andrew Rice as Partner. Andrew brings to PennSpring over 13 years of transaction-related experience, particularly in buy-side and sell-side financial due diligence for both private equity firms and strategic buyers. Andrew will contribute to PennSpring s direct investment initiatives, and lend proven leadership to the firm s rapidly expanding sell-side advisory practice.

1700 фиданки ще бъдат засадени тази пролет покрай улици и булеварди в София

1700 фиданки ще бъдат засадени тази пролет покрай улици и булеварди в София
focus-news.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focus-news.net Daily Mail and Mail on Sunday newspapers.

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