Dale & Thomas Popcorn
Private Equity-owned Companies in Times Square
1592 Broadway
Private equity owner: Sun Capital Partners
Owned by private equity since: 2006
Deal value: n/a
Employees: n/a
“I’ve got four little words that…will sweeten your day,” wrote Oprah about Dale & Thomas’ Chocolate Chunk Caramel Popcorn. In mid-2006, Sun Capital Partners invested an undisclosed amount of money in D&T…According to Culinary Institute of America trained head chef, Ed Doyle, the plan is to make D&T “the Starbucks of popcorn.” Other Sun Capital buyouts include Friendly Ice Cream and Bruegger’s Bagels. In 2006 Sun Capital made headlines in Indianapolis when it laid off 10% of the employees of local grocery chain Marsh Supermarkets as the first phase of its restructuring plans. An employee who had been with the company for a number of years said, “"I don't like dealing with corporate's decisions, and when they hire too many people and have to cut our hours."
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