Bruegger's Enterprises Inc., Burlington, Vt., last month acquired Triangle Bagels Inc., a franchisee of 14 Bruegger's bakery cafes in North Carolina, and Bagel Factory Inc., an operator of five bagel bakeries located in Philadelphia and its suburbs.
Triangle is being acquired from its owner Edward Davis, a Bruegger's franchisee, and Bagel Factory from the Becattini family. The five Bagel Factory locations, which offer a wide variety of freshly-baked bagels, signature sandwiches, salads, and soups, will complement 18 existing Bruegger's bakery-cafes in Pennsylvania. Triangle's 14 Bruegger's locations are part of Bruegger's 32-store North Carolina footprint. Terms of the acquisition were not disclosed.
Founded in 1983, Bruegger's is an affiliated portfolio company of Sun Capital Partners Inc., a private investment firm specializing in leveraged buyouts and investments. Brueggers's is the second largest U.S. bagel bakery with about 274 stores including 110 franchisees in 22 states.
The company operates five bakery commissaries that produce raw dough, which the bakery cafes boil and bake at each location. With bagels still its central product, the chain has expanded product offerings with sandwiches, salads, soups and other bakery cafe fare.