Sell Side Advisor
Duff & Phelps, A Kroll Business, Advised Au Bon Pain on Its Sale to Ampex Brands
a subsidiary of
has been acquired by
On June 29, 2021, ABP Corporation (“Au Bon Pain” or the “Company”), a leading, internationally franchised fast casual bakery-café chain, and subsidiary of Panera Bread, was acquired by Ampex Brands LLC (“Ampex”).
The Restaurant M&A Practice of Duff & Phelps, A Kroll Business, served as exclusive financial advisor to Au Bon Pain in connection with the transaction.
About Au Bon Pain
Based in Boston, Massachusetts and a subsidiary of Panera Bread since 2017, Au Bon Pain is a fast casual bakery-café concept with 187 locations domestically and internationally. The Company's cafés offer the freshest and highest quality breads and baked goods, coffee beverages and chef-inspired sandwiches, soups and salads, all marked by unmatched portability. Living up to its name, which means “good bread”, Au Bon Pain bakes its breads and pastries fresh on-premise daily. TCF Law Group, PLLC served as legal counsel to Au Bon Pain.
About Ampex Brands
Founded in 2005 by Tabbassum Mumtaz, Ampex Brands is a Yum! Brands and 7-Eleven franchisee of QSR and convenience stores. With its acquisition of the Au Bon Pain brand (both domestically and internationally), Ampex Brands has catapulted into the franchisor role.
Mergers and Acquisitions (M&A) Advisory
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage. Duff & Phelps acquired Kroll in 2018 and unified under the Kroll brand in 2020.
Fairness and Solvency Opinions
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of U.S. and global fairness opinions over the past 10 years, according to Refinitiv cumulative data from 2013-2022.
Transaction Advisory Services
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum. Duff & Phelps acquired Kroll in 2018 and unified under the Kroll brand in 2020.
Comprehensive Due Diligence Solution
Our Comprehensive Due Diligence solution helps clients minimize risks and make the most informed business decisions. We support in the areas of tax, compliance and regulatory, ESG, operations/strategy, M&A, financial and accounting, investigations, disputes and cyber/IT risk.
Kroll's Consumer Investment Banking Team Advised HATCH Collection LLC on Its Minority Equity Investment from Marquee Brands LLC
