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Franchise Industry Mergers & Acquisitions

New deals are being negotiated and inked every day. Don't miss the news on any deal, whether it's a strategic franchise company merger or an acquisition by a high-rolling private equity firm. Get the scoop on who's buying and who's selling, gain critical insight into trends, and hone in on the opportunities as franchising continues to shake out and adjust to the new economic reality.

LAG Fit, Inc. Acquires Club Pilates »

March 23, 2015 at 9:57AM PDT | Source: Club Pilates

Sets Tone for Franchise’s Continued Growth in 2015 and Beyond
IRVINE, Calif. – Setting the tone for its continued growth, Club Pilates, the world’s largest and most sought after pilates franchise, was acquired by LAG Fit, Inc., a franchise development firm that specializes in the acquisition and expansion of boutique wellness concepts.
“This agreement will no doubt enable us to achieve our long-term vision for the brand and the concept,” said Club Pilates founder Allison Beardsley. “What a great ride. Who would have ever thought we would be in this position? There’s no telling how far Club Pilates will grow moving forward.”
Since its inception in 2007, Club Pilates has established a reputation for providing quality pilates sessions at a very low cost – reformer classes are priced as low as $17 per session, far below the general average...

Terminix® Announces Acquisition Of Two Canadian Pest Control Companies »

March 19, 2015 at 7:45AM PDT | Source: Terminix

The Pest Control Leader Expands Presence in Canada; Reinforces Commitment to Growth in the Country
MEMPHIS, TN - (Marketwired - March 19, 2015) - Terminix®, the leading provider of termite and pest control services in the United States, has announced the acquisitions of two more Canadian pest and wildlife control companies, Excel Pest Control and Cabot Pest Control.
Excel Pest Control was established in 1999 by Greg and Shelly Ricker and is located in Fredericton, New Brunswick. The residential, commercial and industrial pest control company is regarded for providing effective, efficient pest control and customer care. In addition to pest control, Excel offers services such as infrared building condition monitoring, insulation services, structural renovations and hygienic washroom care...

New Age Real Estate Merges With EXIT Realty Fireside »

March 19, 2015 at 6:33AM PDT | Source: EXIT Realty

New EXIT Realty office in Clinton Now Has Nationwide Access
Clinton, IA (Grassroots Newswire) March 13, 2015 - Long time local business man and New Age Real Estate Broker Owner Craig Temple has merged his business with EXIT Realty Fireside located in Davenport. Craig stated, "The times are changing with all the new technology and recent changes in our local MLS joining the Quad Cities MLS Board. I felt it was time for a change. I wanted our agents to have access to what a large National Company can provide along with EXIT's unique business model. Scott Ryder and Cris Loiz Broker Owners are great leaders and the business stays locally owned. That is a win/win deal for all of us. I look forward to being a part of the new venture."
"We are so excited to be in the Clinton, IA market...

Chanticleer Holdings Closes Acquisition Of Better Burger Concept BGR: The Burger Joint »

March 18, 2015 at 5:57AM PDT | Source: BGR The Burger Joint
BGR The Burger Joint Opportunities Available

$10+ Million in 2014 Revenue and 20 Locations
CHARLOTTE, NC - (Marketwired - March 18, 2015) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, announced today that it closed on the acquisition of BGR: The Burger Joint ("BGR"), a better burger concept well-known in the Maryland/Washington, D.C./Virginia area.
BGR closed out 2014 with $15+ million in system wide retail sales, $10+ million in company revenue, nine corporate owned locations and nine franchises. It added two additional locations in Q1 2015 including its first international franchise location in Kuwait and has over eighty franchise locations under development agreement almost equally split between domestic and international markets...

Terminix Announces Acquisition Of Diversified Exterminators »

March 16, 2015 at 4:33AM PDT | Source: Terminix

The Pest Control Leader Expands Presence in Hawaii
MEMPHIS, TN - (Marketwired - March 13, 2015) - Terminix®, the leading provider of termite and pest control services in the United States, today announced the acquisition of the assets of Diversified Exterminators, a residential and commercial pest control company specializing in fumigation services on the Hawaiian Islands.
Diversified Exterminators, headquartered in Honolulu, was established by the late Mohinder Maan in 1972 and is the largest locally-owned pest control company on Oahu. The company's workforce is well-known for providing customers with timely service and solutions for the treatment of termites, ants, fleas, rodents, birds, cockroaches and unique pests native to the state...

Redrock Partners Acquires Romano's Macaroni Grill »

March 11, 2015 at 8:03AM PDT | Source: Romano's Macaroni Grill

Transaction with Ignite Restaurant Group to be completed within 30 days
HOUSTON - March 11, 2015 /PRNewswire/ - Redrock Partners, LLC today announced that it has agreed to acquire Romano's Macaroni Grill® from Ignite Restaurant Group, Inc.
Redrock Partners, LLC is a limited liability corporation based in Phoenix, Arizona.
Three industry veterans will be taking over ownership and operations of the popular restaurant chain: John Gilbert, who is presently President and will continue to serve as CEO of Romano's Macaroni Grill; Dean Riesen, who will serve as Chairman of the organization; and investor Dick Monfort.
Redrock Partners expects to complete the transaction within 30 days.
Romano's Macaroni Grill is an Italian restaurant brand founded in 1988 by Phil Romano, one of the industry's leading innovators...

ABRA Auto Body & Glass Closes On Fourth Acquisition In Four Weeks »

March 02, 2015 at 4:35AM PST | Source: ABRA Auto Body & Glass

MINNEAPOLIS - February 27, 2015  - (BUSINESS WIRE) - ABRA Auto Body & Glass, a leading national damaged vehicle repair company, announced it acquired Crash1 Off Alpine Collision Center in Rockford, Illinois. Today's transaction is ABRA's fourth deal in three different states in less than a month.
The move signals the company is hitting its growth stride as it executes an aggressive national growth strategy to dramatically increase its national footprint. In less than a year, ABRA's repair center portfolio in Illinois has grown to 32 centers and its nationwide footprint now stands at 266 in 20 states.
Duane Rouse, ABRA's President and Chief Executive Officer, is pleased with the company's performance and progress while it continues to develop its acquisition road map...

Marketing Pro Acquires Central Alabama Valpak Territory »

February 24, 2015 at 11:20AM PST | Source: Valpak
Valpak Opportunities Available

Husband and Wife Team Bring Savings to Businesses and Residents in the Metro Area 
February 24, 2015 // Franchising.com // ST. PETERSBURG, FL - Valpak a leader in local print and digital coupons, announced today that Daniel and Ann Gallegly have acquired the existing Valpak of Central Alabama territory. With this territory, Valpak's signature blue envelope will now mail to nearly 130,000 households in Birmingham, Jefferson and Shelby counties starting Feb. 16.
"Ann and I are thrilled to join the Valpak team, using our sales and marketing experience to bring savings to the members of our community," said Daniel Gallegly, Valpak of Central Alabama franchisee. "The extensive support we receive from the Valpak network is truly amazing, and the brand's business model is one we believe in...

NTY Franchise Company Acquires Children's Orchard Chain »

February 17, 2015 at 11:04AM PST | Source: Children's Orchard

Pioneer in Resale-Retail Continues Aggressive Growth Strategy with Acquisition of Chain Selling Top Quality, Gently Used Children's Merchandise
(PRWEB) February 17, 2015 - NTY Franchise Company, a pioneering force in the rapidly growing $13 billion resale/retail industry, continues its aggressive growth plan with the acquisition of Children's Orchard, a chain of top quality, gently used children's merchandise. NTY, "New To You," based in Minnetonka, Minn., purchased Children's Orchard to expand its footprint nationwide as a leader in the resale-retail sector.
NTY is the umbrella company overseeing five resale/retail brands including Clothes Mentor, New Uses, Device Pit Stop, NTY Clothing Exchange and NTY Kids. To enhance its NTY Kids brand, the company bought the chain of 32 Children's Orchard stores, boutiques of top quality, gently used children's clothing, toys, furniture, equipment, books and accessories...

Staples Merger Will Help Cartridge World Win Market Share »

February 11, 2015 at 6:46AM PST | Source: Cartridge World

Superstore Acquisition Opens Doors for Local Retailers
MCHENRY, Ill. - February 11, 2015 - (BUSINESS WIRE) - For Cartridge World, the recent news of the superstore merger between Staples and Office Depot couldn’t have come at a better time. Last year, the network of 1,200 stores expanded its B2B printing solutions to become the only international franchise to provide printers, printer supplies and full-service support to small- to medium-sized business owners.
"The merger effectively makes Cartridge World the only brick and mortar printing retailer to help customers choose and install high-performance printers, cartridges, services and supplies"
Cartridge World’s move to offer comprehensive printing products and services to business customers fills a need that big box and office supply stores are not meeting...

Easyhome Ltd. Financial Transaction With Cash Store Closes »

February 10, 2015 at 6:53AM PST | Source: easyhome

MISSISSAUGA, ONTARIO - (Marketwired - Feb. 10, 2015) - easyhome Ltd. (TSX:EH) ("easyhome"), the Canadian leader in providing goods and financial services to the cash and credit constrained consumer, today announced that its subsidiary, easyfinancial Services Inc. ("easyfinancial" or the "Company"), has completed the acquisition of the lease rights and obligations for 45 retail locations across Canada, together with certain related assets at those locations (the "Transaction") from The Cash Store Financial Services Inc. ("Cash Store").
The original asset purchase agreement contemplated the purchase of the lease rights and obligations for up to 47 locations, however the Company was unsuccessful in obtaining satisfactory lease extensions or new agreements for two of these locations...

Canadian Entrepreneur Acquires PuroClean Canada From U.S. Owners »

February 03, 2015 at 6:40AM PST | Source: PuroClean
PuroClean Opportunities Available

Gordon Gamble Looks to Continue Rapid Growth of Property Restoration Franchise Throughout Canada
TORONTO - February 03, 2015 - (BUSINESS WIRE) - Canadian entrepreneur Gordon Gamble announced today he has acquired PuroClean Canada from its original U.S. owners, providing the premiere property emergency restoration franchise with increased opportunities for continued growth and success throughout the country as the master franchise.
Gamble, who joined U.S. franchisor parent company PuroSystems, Inc. in 2008 as the Director of Franchise Development in Canada, opened his first three PuroClean franchises in June, 2009. By the end of 2009 it was evident that due to the rapid growth, forming a separate Canadian company was necessary...

Ontario Teachers' Pension Plan Completes Acquisition Of PODS® »

February 03, 2015 at 4:41AM PST | Source: PODS

CLEARWATER, Fla. - Feb. 2, 2015 /PRNewswire/ - The Ontario Teachers' Pension Plan (Teachers') has finalized the purchase of PODS, a leader in the moving and storage category. The transaction value is in excess of $1 billion.
The acquisition was led by Teachers' Long-Term Equities group, which focuses on direct investments with steady cash flow, growth potential over a long-term horizon and a low to moderate level of risk.
Founded in 1998, PODS pioneered the portable moving and storage industry and operates in over 150 locations, both corporate and franchise owned, in the US, Canada, Australia and the UK. PODS employs approximately 1,000 corporate employees and has demonstrated a strong track record of growth throughout its history...

Wyndham Hotel Group Acquires Dolce Hotels And Resorts »

February 02, 2015 at 9:59AM PST | Source: Wyndham Worldwide

Acquisition Grows Asset-Light Managed Business and Complements Existing Portfolio of Brands
February 02, 2015 // Franchising.com // PARSIPPANY, NJ - Wyndham Hotel Group, a subsidiary of Wyndham Worldwide (NYSE: WYN), today announced it has acquired Dolce Hotels and Resorts, a leading provider and manager of group accommodations with a portfolio of 24 properties and over 5,500 guestrooms across seven countries in Europe and North America, for $57 million in cash.
This acquisition is consistent with Wyndham Worldwide's core asset-light strategy, and allows Wyndham Hotel Group to expand its managed portfolio by nearly 40% with a significantly larger presence in the group and meetings segment. Dolce's exceptional brand recognition among global meeting planners enhances Wyndham Hotel Group's portfolio with significant group and transient cross-selling opportunities across Wyndham's existing managed and franchised operations...

SSCP Management Finalizes Acquisition Of Roy's Restaurant »

January 27, 2015 at 9:48AM PST | Source: Roy's Hawaiian Fusion Cuisine

January 27, 2015 // Franchising.com // DALLAS - In an announcement made earlier today, successful Dallas businessman, Applebee's franchisee and philanthropist, Sunil Dharod, President and Chief Executive Officer of SSCP Management, officially added the Roy's Restaurant chain to his restaurant portfolio.
In late 2014 Bloomin' Brands announced their intention to sell its interest in the Roy's concept to United Ohana, LLC, a new division of Dharod's SSCP Management, Inc. Dharod, who has been involved in the restaurant industry for over thirty years with multiple concepts, is also the owner of the Apple Texas Group which owns and operates 69 Applebee's restaurants located throughout Texas. In addition to his leadership in the restaurant industry, Dharod also owns several commercial real estate properties...

The Joint Corp. Repurchases 6 Franchises »

January 21, 2015 at 10:45AM PST | Source: The Joint...the chiropractic place

Reacquisition of Los Angeles County Franchises and Regional Developer Rights Positions The Joint Corp. for Company-Owned Unit Expansion in Los Angeles
January 21, 2015 // Franchising.com // SCOTTSDALE, Ariz. - The Joint Corp. (Nasdaq: JYNT), a national healthcare franchisor of chiropractic clinics, today reported that, in accordance with its strategy to operate and develop company owned units and to reacquire select regional developer rights, it has repurchased six franchises in Los Angeles County, California and reacquired and terminated the regional developer rights for that region. This transaction will position the company to immediately begin operating company-owned clinics, to eliminate royalty-sharing payment obligations, and to terminate the obligation to pay regional developer selling fees for future clinics to be opened in Los Angeles County, the second largest Metropolitan Statistical Area ("MSA") in the United States...

BalanceDiet™ Announces Acquisition Of 1800 Weight Loss In Select US Markets »

January 20, 2015 at 4:25AM PST | Source: BalanceDiet

Atlanta, GA, January 18, 2015 - (PR.com) - The BalanceDiet™ Company, billed as "America's Fastest Growing Weight Loss Brand," has announced a joint venture partnership and regional acquisition of 1 800 Weight Loss, beginning in Florida and Georgia markets.
The acquisition continues to build momentum for the popular, healthy lifestyle company who has made significant strides in that past 24 months through a mix of strategic acquisitions and new unit developments.
Jessica Kohl, strategic marketing director for the BalanceDiet™ brand
"1 800 Weight Loss is a great brand name, and one that is trusted by consumers. Our hope is to present these long-time consumers with refreshed options for highly effective products and services, delivered both in store and via our BalanceDiet at Home service...

Easyhome Ltd. Enters Into Agreement To Acquire Cash Store Locations »

January 20, 2015 at 4:16AM PST | Source: easyhome

MISSISSAUGA, ONTARIO - (Marketwired - Jan. 18, 2015) - easyhome Ltd. (TSX:EH) ("easyhome"), the Canadian leader in providing goods and financial services to the cash and credit constrained consumer, today announced that its subsidiary, easyfinancial Services Inc. ("easyfinancial" or the "Company"), has entered into a binding agreement (the "Agreement") to purchase the lease rights and obligations for up to 47 retail locations across Canada, together with certain related assets at certain locations (the "Transaction") from The Cash Store Financial Services Inc. ("Cash Store"). Upon completion of the Transaction, these retail locations will be opened as new easyfinancial branches providing consumer loans to Canadian consumers.
easyfinancial submitted its proposal in accordance with Cash Store's secondary sale process conducted under Cash Store's proceeding under the Companies Creditors Arrangement Act (Canada)...

The Dwyer Group Acquires Five Star Painting Franchise »

January 05, 2015 at 7:46AM PST | Source: Dwyer Group, The

January 05, 2015 // Franchising.com // WACO, Texas – The Dwyer Group, Inc., one of the world's largest franchising companies of trade service brands, has acquired Five Star Painting, a commercial and residential painting franchise with 77 locations across the U.S. and Canada, effective immediately. Terms of the deal were not disclosed.
"We're very excited to welcome Five Star Painting to The Dwyer Group," said Mike Bidwell, CEO and President of The Dwyer Group. "This addition delivers both a compelling business opportunity for future franchise prospects as well as a complimentary trade that fits our overall portfolio of service brands."
Five Star Painting was founded in Edmonton, Canada in 2004. The company began franchising in 2005 and later relocated headquarters to Spanish Fork, Utah...

Moving And Storage Leader, PODS Announces Deal To Be Acquired By The Ontario Teachers' Pension Plan »

December 23, 2014 at 5:05AM PST | Source: PODS

CLEARWATER, Fla. - Dec. 22, 2014 /PRNewswire/ - The parent company of PODS announces the signing of a binding agreement to sell the company, in its entirety, to the Ontario Teachers' Pension Plan (Teachers'). Details on the deal have not been disclosed and it is likely the sale will be finalized in the first quarter of 2015. PODS utilized Barclays as its exclusive financial advisor.
This transaction is led by Teachers' Long-Term Equities group, which focuses on direct investments with steady cash flow, growth potential over a long-term horizon and a low to moderate level of risk.
Founded in 1998, PODS pioneered the portable moving and storage industry and operates in over 150 locations, both corporate and franchise owned, in the US, Canada, Australia and the UK...



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