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FocalPoint Advises Krispy Kreme Franchisee on Deerpath Capital Facility

May 20, 2015, 07:07 AM
Filed Under: Restaurant


A licensed multi-unit franchisee of Krispy Kreme Doughnuts has obtained a senior term loan from Deerpath Capital Management in order to provide liquidity for existing shareholders and to fund the development of new Krispy Kreme stores. FocalPoint acted as exclusive financial advisor to the licensed multi-unit franchisee.

The company is one of Krispy Kreme Doughnuts' largest and fastest growing U.S. franchisees, and has built a reputation for its high quality products, customer service, friendly employees, and efficient operations.

Rajesh Sood, Managing Partner at FocalPoint commented, "We were fortunate to have worked with such a cohesive and experienced management team, one that has guided the franchise through the years to become a leader in the Krispy Kreme franchise system. By diligently working with them to understand the needs and requirements of the business, we were able to secure a structure with a lender that would protect the success of the company."

"This is another successful example of the deep and long relationships FocalPoint cultivates with both operators and investors in the restaurant sector. We?ve known the management team for many years, and helped them identify not only the right time to approach the market but the right lending partner for their professional and personal goals," added Rod Guinn, Managing Director at FocalPoint.

Deerpath Capital Management makes privately negotiated investments in the debt and equity of lower middle market companies and seeks to provide value added financing with speed, flexibility and skills with complex financial transactions. It prefers to invest in senior secured loans, but will consider other forms of investment on an opportunistic basis. Deerpath applies a private equity approach to credit investments, with a specialty focus in key industry sectors (communications, energy/natural resources and health care) as well as general capabilities across a broad range of manufacturing and services industries.

FocalPoint is an independent investment bank, specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings and special situation transactions.





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