February 6, 2019 | Posted by Bret Lowell Private equity firms have historically been interested in owning franchisors. Due to the limited number of franchisors, and the high multiples at which franchisors have been selling, PE firms are increasingly acquiring...
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...
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...
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, 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 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...
