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Vitaligent, GE Capital spend $11M to buy Jamba Juice units

GE Capital allotted $11 million for Vitaligent to acquire 77 Jamba Juice Units

August 5, 2015

Vitaligent has accepted $11 million from GE Capital’s Franchise Finance business for the acquisition of 77 Jamba Juice units, according to a recent press release. Vitaligent was a relative newcomer to the franchise business and was formed by David Peacock and Dean VandeCamp. According to the report, Vitaligant’s acquisition of Jamba Juice locations make it the largest franchisee in the Jamba Juice system.

"GE Capital took the time to really understand all aspects of the acquisition," Vandekamp said. "We appreciate their professionalism and their restaurant industry expertise."

Vitaligent has an experienced management team, Zac Thayer, VP of new relationship development at GE Capital’s Franchise Finance, said in the report.

"This transaction demonstrates our continued commitment to the restaurant space," he said. "We want to do our part to help great operators and brands grow."