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Duck Donuts sold to private equity investors

Duck Donuts, founded in the Outer Banks of North Carolina, has been sold to private equity investors interested in further accelerating the growth of the popular made-to-order doughnut business. ....

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Duck Donuts under new leadership, ownership

April 14, 2021
Mechanicsburg, Pennsylvania-based Duck Donuts has a new CEO and parent company. NewSpring Franchise, which is focused on investing in franchise and multi-unit concepts, acquired the 101-unit doughnut shop this week with backing from Free Fenix, a Charlotte-based hybrid investment company.
Duck Donuts could not be more excited to partner with the NewSpring team, who offer a wealth of knowledge and experience that will elevate our brand to the next level, Russ DiGilio, founder and original CEO of Duck Donuts, said in a company press release. He launched the brand in 2007 in the town of Duck in the Outer Banks of North Carolina and began franchising in 2013. The chain now spans 27 states and four countries. ....

North Carolina , United States , Satya Ponnuru , Patrick Sugrue , Betsy Hamm , Russ Digilio , Pennsylvania Based Duck Donuts , Spring Franchise , Free Fenix , Duck Donuts , Outer Banks , Newspring Franchise , Newspring General Partners , வடக்கு கரோலினா , ஒன்றுபட்டது மாநிலங்களில் , பேட்ரிக் சர்க்கரை , பந்தயம் ஹாம் , இலவசம் ஃபெனிக்ஸ் , வாத்து டோனட்ஸ் , ஔடர் வங்கிகள் , செய்தித்தாள் உரிமையை ,