Joyal Capital Management completed a number of successful transactions in its Franchise, Finance and Private Equity Fund departments.

JCM Franchise Development and JCM Finance provided both advisory and debt placement services for MAC Holdings, which has closed on the purchase of 36 existing Dunkin’ Donuts and Baskin Robbins franchises, plus additional territory rights within the Greater Orlando, FL region, representing $138 million of transaction value.

This closing marks the largest single acquisition in Dunkin’ Donuts history. A credit facility was provided by Northern Bank & Trust and Bank of Rhode Island to fund the initial acquisition and future development of additional Dunkin’ Donuts and Baskin Robbins restaurants.

JCM Franchise Development and JCM Finance provided both M&A advisory and debt placement services for Cafua Management Company (CMC), which has closed on the purchase of 25 Dunkin’ Donuts and Baskin Robbins franchises and a commercial kitchen in the Greater Ft. Lauderdale, FL region, which represents $78 million of transaction value. Financing for the transaction was provided by Northern Bank & Trust Company.

JCM Franchise Development and JCM Finance provided both M&A advisory and debt placement services for Broward Donuts and affiliates (BD ETAL), which closed on the purchase of a network of Dunkin’ Donuts locations, a development territory and real estate on the West Coast of Florida, representing a total transaction value of $54 million. Financing for the transaction was provided by Northern Bank & Trust Company.

JCM Advisory Services and JCM Franchise Development provided both advisory and M&A consulting services for Quality Brand Capital, which has closed on its sale of a 35-store Dunkin’ Donuts network, a development territory and a commercial kitchen totaling $31 million of transaction value in Washington, D.C.

The JCM Opportunity Fund I (Fund) concluded its investment in a $17.9 million leveraged management buyout of a 31 store network of Papa John’s in the Greater Miami marketplace. The transaction utilized a combination of senior debt provided by Woburn, MA-based Northern Bank & Trust and mezzanine debt from the Fund that allowed 100% of the equity and operational control to consolidate with the network’s CEO, established reserves to facilitate upgrades to the POS and equipment, and strategically relocated certain stores.

Boston-based Joyal Capital Management represents more than 500 clients in over 20 states on mergers and acquisitions, financing, private equity and family office services.