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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.

Keller Williams Acquires Agent Team Business Solution Provider »

August 25, 2015 at 5:35AM PDT | Source: Keller Williams Realty

Team Leads acquisition, HomeKeepr and Placester solutions mark robust additions to KW Technology suite
August 18, 2015 // Franchising.com // AUSTIN, TEXAS - Keller Williams, the world's largest real estate franchise by agent count, has acquired Team Leads Inc., an agent team business solution provider based in Ontario, Canada. The company has rebranded the solution as KW Team Leads and made it available to its agent teams. Keller Williams has also entered into collaborations with two leading real estate technology providers, HomeKeepr and Placester, in an effort to increase the power of its individual agents' branding and marketing.
Keller Williams has aligned with HomeKeepr to add lead cultivation functionality as part of the Keller Williams Real Estate Search App, a key new feature to drive repeat business for agents...

7-Eleven® Completes Acquisition Of Approximately 180 Tedeschi Food Shops »

August 24, 2015 at 6:50AM PDT | Source: 7-Eleven

DALLAS - Aug. 24, 2015 /PRNewswire/ - 7-Eleven, Inc. today announced that it has closed on the acquisition of approximately 180 Tedeschi Food Shops (headquarters in Rockland, Mass.). This transaction adds to 7-Eleven's existing 150 7-Eleven® stores in the greater Boston and southern New Hampshire area.
7-Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family.
"The Tedeschi Food Shops stores complement our 7-Eleven store operations in the greater Boston area because of their geographical locations, food service focus, community-involved franchisees and commitment to serving their neighborhoods," said Stan Reynolds, 7-Eleven's chief financial officer and executive vice president...

Poolwerx On A Roll With Acquisitions In The USA »

August 20, 2015 at 5:22AM PDT | Source: PoolWerx Corporation

Troy Hazard, one of the world’s most in demand franchise and business speakers, has become one of the founding shareholders of the American arm of the world’s largest pool and spa maintenance network, Poolwerx.
Chandler, AZ, August 20, 2015 - (PR.com) - As a continuation of its expansion plans, Poolwerx recently acquired the retail and residential servicing and maintenance divisions of Vivo Pools, with operations trading as SC Pool & Spa Works in California, Crystal Tech Pools in Arizona and Citrus Pool Services in Florida. The acquisition adds 2 retail stores, a warehouse operation, and 40 more mobile service and maintenance units to the Poolwerx USA business.
“As part of my role on the USA board of directors, Founder and CEO John O’Brien and I have been continually scouting for new and interesting deals and this was the ideal next step for the business in its USA aggregation strategy,” said Troy...

Food Management Partners Acquires Ovation Brands »

August 20, 2015 at 4:53AM PDT | Source: Ovation Brands

Leader in self-service, all-you-can eat buffets to join FMP.Leader in self-service, all-you-can eat buffets to join FMP.
SAN ANTONIO, TX (PRWEB) August 19, 2015 - Ovation Brands, comprised of Ryan’s, Fire Mountain, Country Buffet, Old Country Buffet, Hometown Buffet and Tahoe Joe’s, is set to join the growing family of brands owned and managed by Food Management Partners (FMP).
“We are very pleased to announce the acquisition of Ovation Brands,” says Peter Donbavand, Vice President of Business Development for FMP. “The buffet business is one with which we are very familiar, and the chance to acquire a category leader does not come along often.”
With a foundation that began in 1983, Ovation Brands now has over 300 restaurants in 35 states and employs over 18,000 team members and serves over 110 million guests annually...

Newk’s Eatery Names New Vice President Of Human Resources »

August 12, 2015 at 3:51AM PDT | Source: Newk’s Eatery

Restaurant Industry Veteran Scott Stanford Joins Leadership Team In A New Role
JACKSON, Miss. - Newk’s Eatery, the fast casual restaurant known for its culinary-driven menu and open kitchens, has named Scott Stanford vice president of human resources, a new position for the company.
Stanford will oversee the company’s growth in human capital as Newk’s prepares to more than double in size over the next three years. His responsibilities will include Newk’s employee/labor relations and all human resources functions. He will also lead the company’s talent management and training programs based on its People: Culture: Discipline model, including the Newk’s Academy, designed to train its hourly partners, and Management 101 for in-restaurant leaders...

Arby’s Restaurant Group, Inc. Acquires 26 Restaurants From Franchisee, Trefz & Trefz, Inc. »

August 07, 2015 at 7:12AM PDT | Source: Arby's

August 07, 2015 // Franchising.com // ATLANTA - Arby’s Restaurant Group, Inc. (ARG), franchisor of the iconic, Fast Crafted™ Arby’s® restaurant brand with more than 3,300 restaurants worldwide, announced this week that it has acquired all 26 Arby’s restaurants from long-standing franchisee, Trefz & Trefz, Inc.
Over the course of more than 45 years, brothers Oren and Paul Trefz have successfully opened numerous Arby’s restaurants in three states across the Southeast United States. At the time of ARG’s acquisition, the Trefz bothers owned and operated eight restaurants in the Augusta, GA DMA, 10 restaurants in the Charlotte, NC DMA and eight restaurants in the Columbia, SC DMA. In addition to acquiring the restaurants, more than 600 former Trefz employees transitioned to ARG employment as part of the transaction...

Snap-on Acquires Ecotechnics »

August 07, 2015 at 6:40AM PDT | Source: Snap-on Tools

Further Expands Offering of Productivity Solutions for Repair Shop Owners and Managers
KENOSHA, Wis. - (BUSINESS WIRE) - Aug. 7, 2015 - Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced that it acquired the assets of Ecotechnics S.p.A. (“Ecotechnics”) for approximately $13.0 million in cash. Based in Sesto Fiorentino, Italy, Ecotechnics, with 2014 sales of approximately €12.4 million, designs and manufactures automatic vehicle air conditioning maintenance equipment for OEM dealerships and the automotive aftermarket worldwide. Ecotechnics will be part of the company’s Repair Systems & Information Group...

Former Retail Manager Announces Acquisition Of Raleigh-based Creative Colors International Location »

August 07, 2015 at 5:14AM PDT | Source: Creative Colors International, Inc.

Industry Leading On-site Repair and Restoration Franchise Saves Local Customers 90% on Replacement Fees
RALEIGH, NC (PRWEB) August 07, 2015 - Creative Colors International, the nation’s leading on-site repair and restoration franchise, announced new ownership of its Raleigh-based North Carolina location on February 16, 2015. This is big news as more local business owners and cost-conscious residents than ever before are seeking out alternatives to astronomical upholstering charges and replacement fees associated with damaged possessions composed of leather, vinyl, plastic and fabric.
This rising local demand for cost-effective repair and restoration services is what inspired Kevin Green to take over the Creative Colors International location right here in the state’s capital...

Tubby's Grilled Submarines Acquires Just Baked Cupcakes »

August 03, 2015 at 9:26AM PDT | Source: Tubby's Sub Shops, Inc.

Acquisition will broaden Tubby's offerings and customer appeal.
DETROIT - Aug. 3, 2015 /PRNewswire/ - Less than a year after taking full control of Roseville-based Tubby's Submarines, CEO Robert Paganes and Executive Vice President Bill Kiryakoza announced today that they're expanding the popular restaurant chain to incorporate the "Just Baked" line of cupcakes and desserts into the Tubby's franchise. Tubby's purchased the Just Baked trademark, product recipes and distribution rights and will begin supplying cupcakes to Tubby's locations in the next few months.
"This is a great opportunity for us to begin to broaden Tubby's offerings and our overall appeal. That's something we've wanted to do, the time was right for us to do it, and the well-known Just Baked name was available," said Paganes...

Terminix Acquires Tallahassee-Based Pest Control Company »

July 22, 2015 at 4:30AM PDT | Source: Terminix

Acquisition of Capelouto Termite & Pest Control Grows Footprint in Florida
MEMPHIS, TN - (Marketwired - July 21, 2015) - Terminix®, the leading provider of termite and pest control services in the United States, announced an important expansion in the northern Florida region with the acquisition of the assets of Tallahassee-based Capelouto® Termite & Pest Control.
Founded in 1964, Capelouto is one of the largest privately-held pest control companies in northern Florida, specializing in residential and commercial services. Led by Grant and Raymond Capelouto, sons of founder Reuben Capelouto, the company has earned and maintained a reputation for quality service and customer satisfaction. The company serves customers throughout Tallahassee and Leon County, as well a location in Destin serving the western Panhandle...

AlphaGraphics North Austin Announces Acquisition Of Lone Oak Marketing »

July 17, 2015 at 5:31AM PDT | Source: AlphaGraphics

AlphaGraphics North Austin, one of the largest AlphaGraphics centers in the nation, has acquired assets of Lone Oak Marketing, a design/marketing firm and printing/signage production facility.
Austin, TX (PRWEB) July 16, 2015 - AlphaGraphics North Austin, one of the largest AlphaGraphics centers in the nation, has acquired assets of Lone Oak Marketing, a design/marketing firm and printing/signage production facility. The Lone Oak location in Round Rock will close, and AlphaGraphics North Austin will serve Lone Oak’s clients from its 9,000 square foot facility at 2227 West Braker Lane.
AlphaGraphics North Austin has been in business for more than 20 years. The company offers offset and digital printing, signage, fulfillment, graphic design, direct mail services, and promotional products...

Easyhome Ltd. Acquires 14 Stores From Rent A Center »

July 13, 2015 at 6:16AM PDT | Source: easyhome

MISSISSAUGA, ONTARIO - (Marketwired - July 13, 2015) - easyhome Ltd. (TSX:EH) ("easyhome" or the "Company"), the Canadian leader in providing goods and financial services to the cash and credit constrained consumer today announced the acquisition of 14 Canadian stores operated by Rent-A-Center, Inc., a U.S. based merchandise leasing company (the "Transaction").
The Transaction is consistent with easyhome's strategic goal of improving the profitability of its leasing business and solidifies the Company's leadership position in the consumer leasing business in Canada. Since most of the acquired stores are located in markets already served by easyhome, there is an opportunity to gain greater efficiencies by merging the newly acquired stores with existing easyhome Leasing stores into a single location...

ABRA Auto Body & Glass Acquires All 23 Kadel’s Auto Body Locations »

July 13, 2015 at 3:55AM PDT | Source: ABRA Auto Body & Glass

MINNEAPOLIS - July 10, 2015 - (BUSINESS WIRE) - ABRA Auto Body & Glass, a leading national damaged vehicle repair company, closed today on the agreement announced last month to acquire all 23 Kadel’s Auto Body locations in Idaho, Oregon and Washington. Terms of the acquisition were not disclosed. Nomura arranged financing for the transaction. Harris Williams & Co. served as the exclusive financial advisor to Kadel’s.
ABRA is one of the country’s largest and most-respected multi shop repair operators in collision repair, paintless dent removal, and auto glass repair and replacement. The company uses an operational excellence philosophy that significantly improves its operating metrics, distinguishing it from competitors and making it a preferred option for insurance carriers and vehicle owners...

Sentinel Capital Partners Acquires Fazoli’s »

July 07, 2015 at 10:00AM PDT | Source: Fazoli's Restaurants

Firm Adds Second Fast Casual Concept to Restaurant Portfolio
July 07, 2015 // Franchising.com // NEW YORK – Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced the acquisition of Fazoli’s Group, Inc., a franchisor and operator of 213 Fazoli’s restaurants in the United States. Terms of the transaction were not disclosed.
Founded in 1988 and headquartered in Lexington, Kentucky, Fazoli’s is the leading Italian fast casual dining concept that offers moderately priced, freshly-prepared Italian pasta entrees, sandwiches, pizza and salads in a convenient, friendly environment. Fazoli’s blends the low price point and speed of a quick service restaurant with the quality, atmosphere and service traditionally found in the casual dining segment...

General Wireless Acquires The RadioShack Brand »

July 01, 2015 at 7:09AM PDT | Source: RadioShack

FORT WORTH, Texas and NEW YORK - July 1, 2015 /PRNewswire/ - General Wireless Operations Inc., doing business as RadioShack, announced today that it has closed on a $26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name.
"We are excited to be moving forward as a new and reinvigorated company under one of the most recognized consumer brand names of all time," said Ron Garriques, Chief Executive Officer of RadioShack. "Our stores serve over 1,200 communities, providing high-quality, high-value consumer electronics and accessories from globally recognized manufacturers and increasingly, with this acquisition, from exclusive brands that our customers know and trust such as Realistic®, AUVIO®, ENERCELL® Optimus® and more...

WellBiz Brands, Inc. Poised For Healthy Growth With Acquisition By KSL Capital Partners, LLC »

June 30, 2015 at 9:28AM PDT | Source: WellBiz Brands, Inc.

Denver-Based Companies Find Synergy In Health and Wellness
June 30, 2015 // Franchising.com // DENVER, Colo. – WellBiz Brands, Inc., one of the largest health and wellness franchise organizations in the United States, is taking its flagship brands – Elements Massage™, Fitness Together® and FIT36™ – to the next level: the company announced today that it has been acquired by an affiliate of the private equity firm KSL Capital Partners, LLC. Financial details of the transaction were not disclosed.
WellBiz and KSL will work collaboratively to strengthen the three brands’ presence through increased awareness and market share in the U.S. and Canada. Each headquartered in Colorado, the two companies share more than proximity to one another; they are both committed to enhancing lives through organizations that provide customized and targeted personal services that are membership-based...

The Hertz Corporation In Exclusive Negotiations With Loxam Group »

June 26, 2015 at 9:15AM PDT | Source: Hertz

For Potential Acquisition Of The France And Spain Businesses Of Hertz Equipment Rental Corporation
NAPLES, Fla. - June 26, 2015 /PRNewswire/ - The Hertz Corporation (NYSE: HTZ) has announced that it has entered into exclusive negotiations with the LOXAM Group (Loxam) for the potential acquisition of the France and Spain businesses of Hertz Equipment Rental Corporation (HERC) through the transfer of the entire share capital of Hertz Equipement France SAS and Hertz Alquiler de Maquinaria, SLU. The proposed transaction includes 60 locations in France and two in Spain. As part of the process, HERC and Loxam are each consulting with their respective Works Councils in France.
HERC is a leading North American equipment rental company with operations in the Middle East and China along with a presence in seven other countries through franchise partnerships...

Brinker International Acquires 103 Franchised Chili's Restaurants »

June 25, 2015 at 5:09AM PDT | Source: Brinker International

Acquisition expected to be EPS accretive in fiscal year 2016 and strengthen long-term free cash flow generation.
DALLAS - June 25, 2015 /PRNewswire/ - Brinker International, Inc. (NYSE: EAT) today announced it has acquired Pepper Dining Holding Corp., a franchisee of 103 Chili's® Grill & Bar restaurants primarily located in the Northeast and Southeast. The purchase price of $106.5 million was funded with availability under Brinker's existing credit facility and the acquisition is expected to be EPS accretive in fiscal year 2016.
"This acquisition represents a compelling opportunity to create value for our shareholders and generate additional earnings and cash flow growth," said Wyman Roberts, CEO and President of Brinker International and President of Chili's Grill & Bar...

American Blue Ribbon Holdings Names Ned R. Lidvall As President Of O'Charley's »

June 23, 2015 at 5:01AM PDT | Source: O'Charley's

After National Search, 30-Year Industry Veteran Joins American Blue Ribbon Holdings' Expanding Executive Team to Take Reins of O'Charley's, Its Largest Brand, During Time of Continued Revitalization and Consistent Sales Growth
NASHVILLE, TN - (Marketwired - Jun 22, 2015) - American Blue Ribbon Holdings (ABRH), one of the largest full service restaurant holding companies in the United States, has announced the appointment of Ned R. Lidvall as president of O'Charley's, the company's largest brand.
Founded in Nashville in 1972, O'Charley's, a quintessential American restaurant concept with Southern roots, today consists of 214 restaurants in 20 states throughout the Southeast and Midwest. Lidvall joins the ABRH executive team after an extensive national search to identify a president for O'Charley's that can continue to propel the brand forward and build on six consecutive quarters of same-store sales growth...

Dwyer Group Acquires The Grounds Guys Of Canada »

June 18, 2015 at 7:11AM PDT | Source: Dwyer Group

June 18, 2015 // Franchising.com // WACO, Texas - Dwyer Group, Inc., one of the world’s largest franchising companies of trade service brands, has acquired The Grounds Guys of Canada. Terms of the deal were not disclosed.
“This is an exciting time of growth for Dwyer Group and a natural extension of our commitment to offer the premier grounds care services to customers across North America and around the world,” said Mike Bidwell, CEO and president of Dwyer Group.
Originally founded by 10 brothers in 1987 as Sunshine Grounds Care in Canada, the company became a successful family business operated by the van Stralen family, offering comprehensive landscape management services. Sunshine Grounds Care began franchising the concept in Canada and looked at ways to expand the business...



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