Why did chicken franchise Wing It On sell to new platform Craveworthy Brands? “It wasn’t the best deal for me, it was the best deal for our fr…
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As attorney Alex Loftus talked with one Seva Beauty franchisee after another, eventually filing a lawsuit seeking class-action status against the kiosk spa brand, he was struck by their nearly word-for-word tales.
A Germinator technician uses a two-step process to sanitize spaces.
Founder Jeff Gill launched Germinator in January, and then came COVID. He is also the founder of Sir Grout.
Getting a workout at F45, which is set to go public via a special purchase acquisition company. Using a SPAC, which raises cash in advance of …
The owners of F45, a fitness concept with more than 2,000 franchises sold in more than 50 countries, was planning a traditional initial public offering earlier this year when COVID scuttled the idea. Instead, Bob Beyer and Todd Purdy, partners at Crescent Acquisition Corp., plan to take F45 public via a merger with its SPAC, a special purchase acquisition company also known as a blank-check firm, a deal type that M&A experts say is on the rise.
If bankruptcy is a tool to help financially distressed firms, as finance experts routinely say, then small businesses for the first time can use it. That's thanks to a new law making it far faster and much less expensive to reorganize under Chapter 11 of the U.S. Bankruptcy Code.