Last Thursday, Dempsey announced he was trying to buy the coffee chain out of bankruptcy after the company filed for Chapter 11 in October.
The purchase would allow the actor, whose TV show has been based in Seattle since 2005, to save over 500 local jobs.
And now, just a week later, the actor's reported $9,150,000 bid to buy the fledgling chain was accepted — with his Global Baristas LLC beating out competitors including Starbucks Corp. after six companies presented bids on Thursday.
Dempsey tweeted the good news:
“I’m thrilled that we won and I’m even more excited about saving Tully’s Coffee and its hundreds of jobs,” Dempsey continued in a statement. “Tully’s is a great company with committed employees and with its base in Seattle, one of the world’s greatest cities, I’m confident we will be able to successfully build the brand and help grow the economy.”
Dempsey added, “Seattle has been very good to me over my career, and I am honored to have the privilege to own Tully’s and work closely with the company’s employees.”
Dempsey was initially motivated to help the coffee chain in order to save hundreds of employees' jobs at the company’s 47 coffee houses in Washington and California, along with dozens of licensed locations across the United States.
After Thursday's outcome, Dempsey tweeted Friday:
Before Thursday's decision, Dempsey tweeted, "In Seattle , big day tomorrow! Hope we pull it off!" and posted this photo with a Tully's employee.
The winning bid won't be official until a bankruptcy hearing next week. Dempsey said he expects the acquisition to be finalized later this month.
More From Business Insider