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Tully's Coffee sale to Patrick Dempsey's investment group complete
The investment group that includes actor Patrick Dempsey has completed its purchase of Tully's Coffee as of July 1.
The group finalized the $9.2 million acquisition of the coffee chain, which includes two locations on Mercer Island. Tully's had filed for Chapter 11 bankruptcy protection last fall.
Global Baristas, which includes Dempsey, won the auction of the chain in January, beating Starbucks and ArgiNurture Inc.
Global Baristas plans to continue operating the chain and keep the company's more than 500 employees.