Acquisition Firm Behind Dippin' Dots Turnaround Expands Investment Opportunities

In addition to overseeing Fischer Enterprises L.L.C., Scott Fischer, also serves as the CEO for Dippin' Dots and Doc Popcorn. Fischer acquired Dippin' Dots in May 2012 after its high-profile bankruptcy and has since guided the leader of flash-frozen beaded ice cream and frozen treats to achieve the highest sales volume in its nearly 30-year history. The brand has also experienced double-digit growth for the past three years by focusing on account development and retention, strong franchise sales and expanded distribution to entertainment venues and third-party retail outlets.

In 2014, Fischer Enterprises acquired Doc Popcorn, the largest popcorn franchise in the U.S., which bolstered its portfolio of food and snack brands. Since then, Doc Popcorn expanded internationally into Chile and Oman and opened more than 40 individual Doc Popcorn and Dippin' Dots and Doc Popcorn co-branded locations.

"After realizing the rapid uptick in gross annual retail sales through Dippin' Dots, we were eager to take on additional opportunities that allowed us to expand," said Fischer. "Seeing the synergy and prosperity Doc Popcorn has had through our procurement, we are continuing to look for opportunities for capital infusions in new market segments to further our growth. We have our sights set on strategic opportunities in the food segment specifically due to the upward growth trends in the category."

Fischer adds, "We are seeing the dust settle across the U.S. following the 2008 economic downturn. This has opened interesting and attractive opportunities in the A&D segment for deliberate investments and acquisitions that are culturally supportive to the sustainability of our goals at Fischer Enterprises."

Fischer Enterprises is exploring investment opportunities with brands in the food segment that range in annual revenue between $5 million and $50 million. For more information on venture possibilities with Fischer Enterprises, L.L.C., contact [email protected].

About Fischer Enterprises, L.L.C.
Fischer Enterprises, L.L.C. is a privately held investment firm that works as an investment vehicle into financial institutions and other private companies. Founded in 2006 in Oklahoma City, its broad ranging investments include real estate development and several gourmet food companies such as Dippin' Dots, the original beaded ice cream; and Doc Popcorn, the largest popcorn franchise in the U.S. Fischer Enterprises is actively exploring investment opportunities to fund in the food segment. For more information, including investment opportunities, contact [email protected].

SOURCE Fischer Enterprises, L.L.C.