Good News! - April 2019
It's hard keeping up with all of today's changes in franchising - which is why we provide this monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones. This month we've seen increases in financial activity and in new brands announcing that they're now franchising. Here's your chance to follow the leaders, every third Tuesday of the month!
So if you're not doing it already, send us your good news here!
Leadership
GPS Hospitality Buys 75 Pizza Huts in Two Separate Deals
Up Close and Personal with Yum Brands CEO Greg Creed
Podcast: Saladworks CEO Patrick Sugrue on Appealing to Flexitarians
New Units/Growth/Expansion
Massage Envy Ink Deal for 70 Units in the Rockies and Great Plains
Zips Dry Cleaners Signs 20-Unit, 5-Year Deal for Atlanta
Gloria Jean's Coffees Inks 7-Unit Deal in Northwest Indiana
Freddy's Frozen Custard & Steakburgers Opens 5 Nontraditional Locations
Hampton by Hilton Opens for Business in Kittery, Maine
Kiddie Academy Opens New Location in Pittsburgh
Brightway Insurance Opens 3 New Stores in Florida, Missouri, Tennessee
Anago Cleaning Systems Announces Newest Master in Austin
Title Boxing Club Sells Out Manhattan to Current Franchisee
Financial, M&A, Private Equity, Refranchising
Blackstone Group To Acquire Servpro Industries for $1 Billion-Plus
MTY To Acquire Struggling Papa Murphy's for $190 Million
McDonald's To Buy Israeli Tech Firm Dynamic Yield for $300 Million
McDonald's Buys 10% of New Zealand App Developer for $3.7 Million
Restaurant Management Platform Toast Raises $250 Million
RGT Management Sells 105 Restaurants, 55 Properties for $213 Million
Starbucks Invests $100 Million in Food & Retail Tech Startup Fund
Red Robin Retains The Cypress Group to Manage Refranchising Plan
REGULATION, LEGISLATION, POLITICS, ETC.
New York Senator Challenges Friendly's on Restaurant Closures
Chick-fil-A Banned from Two Airports Over Anti-LGBTQ Stance
DOL Issues New Joint Employer Rule Proposal; Comments Due by June 10
New and Emerging Brands
We The People Now Offers Franchises for Selling Crowdfunded Products
True Rest Float Spa Continues Its Growth Trajectory with New Franchisees
The Hummus & Pita Co. Signs Multi-Unit Deal with Large Burger King Zee
Davidovich NYC Bagel and Sandwich Shop Now Franchising Nationwide
Mutts Canine Cantina Signs Second Multi-Unit Deal in Dallas-Fort Worth
ManageMowed Commercial Landscape Management Firm Now Franchising
Ike's Love & Sandwiches Launches National Franchise Expansion
Big Blue Swim School Signs First Franchisees in 5-Unit Deal
The Original Hot Dog Factory Launches Franchising Campaign
Curry Up Now Secures 3 of 5 Locations Planned for Greater Atlanta
Rush Bowl Inks 100th Store Deal 2 Years After Starting to Franchise
Randy's Donuts, a 60-Year Old Brand, Offers Franchises Nationwide
International
Hilton Expands in Colombia with New Bogota Hotel
IHG Inks Deals for Two New Holiday Inns in Saudi Arabia
Marriott International Opens 7,000th Property: The St. Regis Hong Kong
GymGuyz Announces Plans To Bring 70 Locations to the U.K.
Anytime Fitness To Open It is First Gym in Germany with Master Franchisee
Domino's Pizza Celebrates Opening of Its 10,000th International Store
People, Awards, Milestones
CKE Restaurants Promotes 30-Year Veteran Ned Lyerly to CEO
Red Robin CEO Denny Marie Post Retires; Pattye Moore Named Interim CEO
Little Caesars Promotes Ed Gleich to Chief Innovation Officer
Dunkin' Brands Names David Mann as SVP, Chief Legal Officer
Bloomin' Brands Names David Deno as CEO, Liz Smith to Board Chair
Stoner's Pizza Joint Names Glenn Cybulski President, Chief Culinary Officer
Nothing Bundt Cakes Celebrates 300th Bakery Opening
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