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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.”

Satya ponnuruPatrick sugrueBetsy hammRuss digilioDuck donutsNewspring capitalOuter banksNewspring franchiseBlow dry barSpring franchiseXspring capitalBret thornபேட்ரிக் சர்க்கரைபந்தயம் ஹாம்வாத்து டோனட்ஸ்செய்தித்தாள் மூலதனம்