Papa Murphy’s Goes 2 MTY

MTY Food Group Inc. (“MTY”) (TSX:MTY) and Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (NASDAQ:FRSH) today announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which MTY would acquire all of the issued and outstanding shares...

Blackstone acquires Servpro

SERVPRO and Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have recapitalized SERVPRO, a leading franchisor of residential and commercial property damage restoration services. Blackstone is acquiring a majority...

Clockwork Goes 2 Authority Brands

Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates (“Clockwork”) from Direct Energy Group, a subsidiary of Centrica plc....

Intelligent Office Sold 2 Incline

Intelligent Office, the leading franchisor of virtual office solutions that provides highly trained administrators, flexible service offerings and executive office suites throughout the United States and Canada, announced its acquisition by Premium Franchise Brands, a...

Starboard Value Takes Over Papa Johns

Starboard Value is making a $200 million investment in the pizza chain. Starboard’s CEO Jeffrey Smith is becoming Papa John’s chairman. That’s a role once occupied by founder John Schnatter, who was forced out in July 2018 after admitting to using a...