Dutch Bros has entered into an agreement to acquire the Phoenix East Valley franchise, marking a significant expansion of its company‑operated footprint in one of its key growth markets. The acquisition follows the retirement decision of longtime franchise owner Jim Thompson, who has been part of the Dutch Bros family for nearly two decades. The company expects to complete the acquisition of 29 shops in the third quarter of 2026, subject to customary closing conditions.
Dutch Bros noted that its previously announced 2026 guidance does not reflect the impact of this pending acquisition. The company emphasized that the transition builds on the strong foundation Thompson established across his shops and within the broader community. Dutch Bros continues to scale rapidly, operating more than 1,100 locations and pursuing its long‑term vision of surpassing 7,000 shops nationwide.
Founded in 1992 in Grants Pass, Oregon, Dutch Bros has grown from a small espresso pushcart into one of the fastest‑growing quick‑service beverage brands in the United States. The company attributes its expansion to its handcrafted beverages, drive‑thru experience and community‑driven culture, which remain central to its identity as it accelerates toward its goal of 2,029 shops by 2029.
KEY QUOTES:
“We’re incredibly grateful for the passion, heart, and leadership Jim has poured into his shops, broistas, and the community over the years. He played a meaningful role in shaping Dutch Bros into what it is today.”
Christine Barone, Chief Executive Officer and President of Dutch Bros
“It’s been an incredible honor to be part of the Dutch Bros family for almost 20 years. I’m proud of what our teams have built and grateful for the relationships and community that made it so special. I’m confident the business is in great hands and will continue to thrive in this next chapter.”
Jim Thompson
