DTT was founded in 1999 and is headquartered in Los Angeles, CA. Since first launched, DTT has equipped, serviced, and supported more than 27,000 customer locations, including some of the world’s most popular and respected restaurant brands such as McDonald’s, Subway, Dairy Queen, Burger King, Dunkin Brands, and YUM Brands, among others.
Louis V. Bertocci, a Partner at BV, said, “DTT provides a valuable and compelling managed service offering that offers actionable intelligence to a broad and growing customer base. We believe the Company’s growth outlook is very favorable.” Marco J. Ferrari, a Principal at BV, commented, “the combination of DTT’s video and POS integration provide customers unique management tools and information services that improve store operations and profitability. The service represents a compelling ROI proposition.”
Naficy will continue as President and CEO of DTT, and will remain a significant shareholder in the Company. “Our new partnership with BV will help accelerate our growth initiatives in existing and new markets. BV has a long history of successfully partnering with founder-owned companies and we look forward to working with them.”
The Edmonds Group served as exclusive M&A and financial advisor to BV Investment Partners in connection with this transaction.
Louis Bertocci, Marco Ferrari, and Vik Raina have joined DTT’s Board of Directors.
About BV Investment Partners
BV Investment Partners is one of the oldest and most experienced sector-focused private equity firms in North America. Since its founding in 1983, the firm has invested over $2.6 billion in over 75 companies, actively targeting investments in the information and business services and communications industries. For more information, please visit BVIP’s website.