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Two Mega Operators Win Franchise Times Deal of the Year Honors
Dealmakers

Two Mega Operators Win Franchise Times Deal of the Year Honors

  • Beth Ewen
  • Updated Apr 28, 2022

Greg Flynn and James Bodenstedt are the first to win co-Deal of the Year awards in the 10th annual Franchise Times Dealmakers project, which recognizes the boldest players driving franchise M&A.

FAT Brands Adds Nine Restaurant Chains in $1B Buying Spree
Dealmakers

FAT Brands Adds Nine Restaurant Chains in $1B Buying Spree

  • Beth Ewen
  • Apr 28, 2022

Nine restaurant chains acquired over 18 months in five separate acquisitions for $917.5 million. That’s the torrid pace set by FAT Brands, whi…

Driven Brands Caps Record-setting IPO, Buys 100th Car Wash
Dealmakers

Driven Brands Caps Record-setting IPO, Buys 100th Car Wash

  • Callie Evergreen
  • Apr 28, 2022

Driven Brands’ explosive initial public offering with Roark Capital exiting was the culmination of a multi-year process. After joining the tea…

With 50-unit Taco John’s Deal, Meritage to Exploit White Space
Dealmakers

With 50-unit Taco John’s Deal, Meritage to Exploit White Space

  • Arthur Robert
  • Apr 28, 2022

Brooks Speirs has big plans for Taco John’s, where he is vice president of development for the fast-food Mexican chain. “We want to be, beyond…

Princeton Equity Group Gives Lifeblood to High-growth Founders
Dealmakers

Princeton Equity Group Gives Lifeblood to High-growth Founders

  • Beth Ewen
  • Apr 28, 2022

Friends for 20 years and sometimes investing partners, Doug Kennealey and Jim Waskovich decided to strike out on their own three years ago. Th…

Nothing Bundt Cakes Sale Highlights Big Year for Levine Leichtman
Dealmakers

Nothing Bundt Cakes Sale Highlights Big Year for Levine Leichtman

  • Beth Ewen
  • Apr 28, 2022

When private equity came calling for Nothing Bundt Cakes in 2016, co-founder Dena Tripp did not exit stage left with a pile of cash as many do…

Orangewood Partners Backs Taco Bell Operator Pacific Bells
Dealmakers

Orangewood Partners Backs Taco Bell Operator Pacific Bells

  • Beth Ewen
  • Apr 28, 2022

Tom Cook scored a new investor last year for Pacific Bells and its 265 Taco Bell restaurants, attracting Orangewood Partners, the private equi…

Muy Cos. Founder Makes $1B Exit With Sale of 755 Restaurants
Dealmakers

Muy Cos. Founder Makes $1B Exit With Sale of 755 Restaurants

  • Beth Ewen
  • Updated May 5, 2022

In New York City last summer, James Bodenstedt presented a single sheet of paper with four columns of type to two hand-picked prospective buye…

Al Bhakta Forms SOAR Restaurant Group to Begin Roll-up in Sonic System
Dealmakers

Al Bhakta Forms SOAR Restaurant Group to Begin Roll-up in Sonic System

  • Beth Ewen
  • Updated May 16, 2022

The stage was set in 2017 for Al Bhakta, CEO of CMG Cos., to begin a roll-up in the Sonic system when he received approval from the franchisor…

Flynn Doubles Down With Major Pizza Hut, Wendy’s Purchase
Dealmakers

Flynn Doubles Down With Major Pizza Hut, Wendy’s Purchase

  • Beth Ewen
  • Apr 28, 2022

Who should get credit for Flynn Restaurant Group’s 1,131-store purchase from the bankrupt NPC International? “The entire Flynn team, although …

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