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Pappas Restaurants to Buy On the Border Out of Bankruptcy, Plus More Bold Deals
Franchise Mergers and Acquisitions

Pappas Restaurants to Buy On the Border Out of Bankruptcy, Plus More Bold Deals

  • Emilee Wentland, Joe Halpern
  • May 13, 2025

Pappas Restaurants will buy On the Border Mexican Grill & Cantina out of bankruptcy. The Texas-based restaurant group operates Pappasito’s…

Flurry of Deals Adds to CMG’s Counts in Sonic, Little Caesars, Ace
Franchise Finance

Flurry of Deals Adds to CMG’s Counts in Sonic, Little Caesars, Ace

  • By Laura Michaels
  • Apr 24, 2025

This story is part of the 13th annual Franchise Times Dealmakers project. Check out more winners as we recognize the top players driving M&…

Large QSR Franchisee Signs 50-Unit Agreement With Tide Laundromat
Franchise News

Large QSR Franchisee Signs 50-Unit Agreement With Tide Laundromat

  • Joe Halpern
  • Updated Sep 11, 2025

The deal comes on the heels of two large development agreements Tide inked last year: A 51-unit agreement with the former chief strategy offic…

Franchise Times Names 12 Dealmakers Award Winners
Franchise Mergers and Acquisitions

Franchise Times Names 12 Dealmakers Award Winners

  • Emilee Wentland
  • Updated Mar 13, 2025

Franchise Times today announces 12 winners of the 2025 Franchise Times Dealmakers awards, the 13th annual project recognizing the boldest play…

KBP Brands Adds KFC, Sonic Units, Plus More Bold Deals
Franchise Mergers and Acquisitions

KBP Brands Adds KFC, Sonic Units, Plus More Bold Deals

  • Joe Halpern, Emilee Wentland
  • Updated Sep 10, 2024

KBP Brands added 28 KFCs to its portfolio in North Carolina from Scottish Food Systems, and it bought 13 more from Cary, North Carolina-based …

KBP Adds 28 KFCs to 600-plus Unit Portfolio, Plus More Bold Deals
Franchise Mergers and Acquisitions

KBP Adds 28 KFCs to 600-plus Unit Portfolio, Plus More Bold Deals

  • Joe Halpern, Laura Michaels
  • Aug 13, 2024

KBP Brands acquired 28 KFC restaurants in North Carolina and South Carolina from Scottish Food Systems. Laurinburg, North Carolina-based Scott…

Next-Generation Franchise Owners Talk Accessing Capital, Real Estate
Franchise News

Next-Generation Franchise Owners Talk Accessing Capital, Real Estate

  • Emilee Wentland
  • Updated Nov 15, 2023

Owning a franchise isn’t easy, even for folks who have decades of business experience. As Sonic franchisee Mike James put it, “It was a shit s…

Longtime Sonic CEO Shares Leadership Advice With Emerging Franchisors
Franchise News

Longtime Sonic CEO Shares Leadership Advice With Emerging Franchisors

  • Laura Michaels
  • Updated Sep 28, 2023

Cliff Hudson spent 30-plus years in various roles with Sonic Drive-In, 23 of them as chief executive, and guided the company through numerous …

Siblings Lead, Expand Family Sonic Franchises
Franchise News

Siblings Lead, Expand Family Sonic Franchises

  • Emilee Wentland
  • Updated Jun 7, 2022

When they were younger, Taylor and Ian Cain saw themselves one day taking on the family business—a few Sonic franchises in Reno, Nevada, under…

'Halcyon Days' of QSR Keeps M&A Pipeline Filled
Franchise News

'Halcyon Days' of QSR Keeps M&A Pipeline Filled

  • Nicholas Upton
  • Updated Jul 19, 2022

The pace of mergers and acquisitions continues largely unabated across the restaurant industry. Kevin Burke, founder and managing director at …

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