Consortium Brand Partners, along with Eldridge Industries, Aurify Brands and Convive Brands, will acquire the chain, which has more than 120 units, in a deal expected to close this month.
Just over a year ago, Delight Restaurant Group bought 65 Wendy’s restaurants in the Pittsburgh market, bringing its total to about 200.
Hooters Inc., whose owners are the founders of the original Hooters restaurant and bar concept, finalized its acquisition of Hooters of Americ…
Craveworthy Brands is buying the 80-unit Mongolian Concepts—Genghis Grill, BD's Mongolian Grill and Flat Top Grill—in its third acquisition since launching in late 2022. Craveworthy's CEO Gregg Majewski, formerly CEO of Jimmy John's, served as CEO at Mongolian Concepts and spent time fine-tuning the brands.
L5 Fitness, the franchisee platform of private equity firm Level 5 Capital Partners, acquired 112 previously franchisee-owned Orangetheory Fit…
Asked about the biggest challenge in taking Dunkin' Brands Group private in an $11.3 billion deal that included the assumption of Dunkin' debt, Inspire Brands CFO David Pipes has a simple answer: "It started with, it wasn't for sale."
Hertz finally got Dollar Thrifty. The Park Ridge, New Jersey-based auto rental giant, already the eighth largest franchise in the world, accor…
Pine Tree Equity is getting into the jewelry repair business. The Miami-based private equity group recently acquired the Delray Beach, Florida…