Transaction

COMPLETES ITS Details:

$11.3 BILLION OCTOBER 30

ACQUISITION
Inspire and Dunkin’
announced definitive
merger agreement

of DECEMBER 15

DUNKIN’ BRANDS
acquisition completed

$106.50
We are very excited to welcome the Dunkin’ and Baskin-Robbins brands per share in cash
into the Inspire family. Dunkin’ and Baskin-Robbins are category leaders
and two of the most iconic restaurant brands in the world. This is an 20% PREMIUM
incredible moment in our journey as a company. I want to thank all our to Dunkin’ Brands closing
team members, franchisees and suppliers whose hard work has helped price on October 23
to make this possible.
– Paul Brown, Co-founder and CEO, Inspire Brands Dunkin’ and Baskin-Robbins
will be operated as
Dunkin’ and Baskin-Robbins will benefit by leveraging the capabilities DISTINCT BRANDS
and best practices of Inspire’s shared services platform within Inspire
⊲ Inspire takes the long-term view by investing in shared services and key capabilities
that will create competitive advantage for its brands.

THE INSPIRE FAMILY OF BRANDS

Largest Largest Largest Largest Largest Largest National

SANDWICH ICE CREAM SPORTS BAR COFFEE & OWNED DELIVERY DRIVE-IN
DRIVE-THRU Specialty Shop Chain in the U.S. DONUTS Sandwich Brand Chain in the U.S.
Chain in the U.S. Chain in the World Brand in the U.S. in the U.S. $24B
With the addition of Dunkin’ and $40B
LEADERSHIP UPDATE: Baskin-Robbins, Inspire is now the

2ND LARGEST
$22B

DAVID HOFFMANN
Restaurant Company
$22B

SENIOR ADVISOR TO THE

INSPIRE CEO
$15B

in the U.S. by system

sales and locations
$13B

SCOTT MURPHY Based on FY2019 sales data

$10B

HEAD OF BEVERAGE-SNACK included in the 2020

NRN Top 200 report
CATEGORY AND PRESIDENT, DUNKIN'
$10B

JASON MACEDA
$8B

PRESIDENT, BASKIN-ROBBINS
$7B