Dutch Bros Inc., one of the fastest-growing brands in the U.S. quick-service beverage industry, announced it has entered into an agreement to acquire the Phoenix East Valley franchise.
After nearly 20 years with Dutch Bros, franchise owner Jim Thompson has decided to retire. As part of this transition, the Company expects to complete the acquisition of 29 shops in the third quarter of 2026, further expanding its company-operated shop footprint in a key growth market.
The Company’s 2026 guidance announced May 6, 2026 does not reflect this pending acquisition, which is subject to customary closing conditions.
“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,” said Christine Barone, Chief Executive Officer and President of Dutch Bros. “We are excited to build on the strong foundation he created and continue showing up for our teams, customers, and communities in the Phoenix East Valley with the same energy and experience they expect from Dutch Bros.”
“It’s been an incredible honor to be part of the Dutch Bros family for almost 20 years,” said Jim Thompson. “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.”
Dutch Bros currently operates more than 1,100 locations and is on a path toward 2,029 shops in 2029, with a long-term vision of operating more than 7,000 locations nationwide.
