--- title: "Northern Management Group Acquires 14 Dunkin' Locations In Greater Boston" url: https://burnaze.com/article/29678748-36d1-4694-b3dc-bc2b90bd30dc source: "Franchising.com" original_url: https://www.franchising.com/articles/northern_management_group_acquires_14_dunkin_locations_in_greater_boston.html author: "Multi-Unit Franchisee" category: "Coffee & tea" industry: "Restaurants" segment: "Coffee & tea" topics: ["Finance & M&A"] published: 2021-02-08T09:00:00.000Z modified: 2026-11-01T02:02:27.149Z image: https://imgs.franchising.com/art/articles/5777_plate.jpg --- # Northern Management Group Acquires 14 Dunkin' Locations In Greater Boston **TL;DR:** Northern Management Group acquired 14 Dunkin' locations in the Greater Boston area for $44 million. This marks the first time a new franchise group purchased a network of this size in the Massachusetts market. *By Multi-Unit Franchisee, originally published in Franchising.com on 2021-02-08. [Read the original](https://www.franchising.com/articles/northern_management_group_acquires_14_dunkin_locations_in_greater_boston.html).* ## Story - Mergers and Acquisitions : Multi-unit franchisee Northern Management Group has acquired 14 Dunkin’ stores in the Boston market in a $44 million deal that was negotiated, financed, and closed by JCM Franchise Development, an M&A, financing and advisory firm that’s a subsidiary of Joyal Capital Management. It’s the first time in decades that a franchise group new to the Dunkin’ system purchased a network of this size in the Massachusetts market. Northern Management Group is a multi-brand operator with holdings in the hotel, convenience store, and restaurant space, totaling more than 100 properties in the Northeast. “For some time, our company wanted to acquire new assets located in New England, specifically in the Dunkin’ brand, but finding opportunities was difficult. We went to JCM because we know they have the relationships and the ability to get complicated deals done,” said Jigar Patel, one of Northern Management Group’s partners. - Get Started in Franchising - Franchise Rankings & Awards - Franchise Sales & Development - Featured Franchise Stories Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media. 1201 New York Avenue NW, Suite 300A Washington, DC 20005 PH. (408) 402-5681 - Franchisee Financing & Lending - Site Selection & Real Estate - Supply Chain & Procurement - Annual Franchise Development Report - Multi-Unit Franchising Conference - Franchise Growth & Marketing Conference - Franchise Leadership & Development Conference - Multi-Unit Franchisee Magazine - Franchise Update Magazine - Franchise Update Franchisor Report - Franchising Express Report - International Franchise Report - Multi-Unit Franchisee Report The multi-unit franchise opportunities listed above are not related to or endorsed by Multi-Unit Franchisee or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. ## Entities - Franchising.com (publication) - Restaurants (sector) - Dunkin' Brands (company) - Multi-Unit Franchisee (person) - multi-unit franchisee (topic) - qsr market (topic) - unit acquisition (topic) --- Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/northern_management_group_acquires_14_dunkin_locations_in_greater_boston.html). Summarized by Burnaze (https://burnaze.com/article/29678748-36d1-4694-b3dc-bc2b90bd30dc).