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October 23, 2020

Bakery-café chain Paris Baguette signs franchise deal in Massachusetts

Bakery-café chain Paris Baguette has signed a new franchise deal to establish its second location in Massachusetts, US.

Bakery-café chain Paris Baguette has signed a new franchise deal to establish its second location in Massachusetts, US.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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  • Understand what is driving the PE/VC fundraising (Deal Rationale)
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The deal is expected to help Paris Baguette strengthen its presence in the East Coast. The company offers an assortment of cakes, pastries, and bread.

The premium bakery-cafe concept serves a variety of treats, ranging from appetising snacks, as well as chef-inspired sandwiches and salads.

Paris Baguette Franchise Sales and Development vice-president Gregg Koffler said: “We look forward to continuing our growth in Massachusetts with our newest location in Quincy.

“Paris Baguette has seen great success in Cambridge and we are excited to have our new franchisee open our bakery-cafe to the Quincy community. With our wide variety of menu offerings, from our cakes and pastries to our sandwiches and salads, Paris Baguette’s diverse menu continues to resonate with guests across the East Coast.”

The company noted that the consumer trends in the restaurant industry have pointed towards pick-up and to-go orders in the wake of the Covid-19 pandemic.

Paris Baguette offers a range of to-go and take-out options for its customers. The company is continuing its expansion across the US, despite the current pandemic.

The chain recently signed franchise deals in Portland, Raleigh, Los Angeles, and Little Neck in New York, US.

It currently operates over 82 corporate and franchise bakery-cafés throughout the US and more than 4,000 locations internationally.

Earlier this year, Greek cuisine café chain Greek from Greece Bakery-Café announced plans to expand its footprint in the US with store openings.

The company finalised a deal to open 31 new locations across the US, including 30 outlets in Long Island, New York.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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