May 22, 2012
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Your Franchise Mergers & Acquisition News SourceFranchise News Watch brings you the latest in franchising mergers & acquisition news from around the web. As a news aggregator for the franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Franchise Mergers & Acquisition NewsHyatt Announces Completion Of Acquisition And Rebranding Of Hotel Nikko Mexico To Hyatt Regency Mexico CityHyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate completed its previously announced acquisition of the 756-room Hotel Nikko Mexico from Japan-Mexico Hotel Investment Co., Ltd. for approximately US$190 million. BURGER KING® Franchisee Guillermo Perales Acquires 96 Restaurants in Central Florida; Becomes Largest Minority Franchisee in the U.S.Burger King Corp. (BKC) today announced the refranchising of 96 company-owned BURGER KING® restaurants in the Orlando/Daytona market to Magic Burgers, LLC, a subsidiary of Sun Holdings, LLC and wholly-owned and operated by long-time franchisee... ABRA Auto Body & Glass Acquires Bradshaw Collision Repair CentersABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader announced today the acquisition of Bradshaw Collision Repair Centers in the Nashville, Tennessee area. Papa John's Announces Acquisition of Denver and Minneapolis Franchised RestaurantsPapa John's International, Inc. (NASDAQ: PZZA) today announced the acquisition of 56 franchised Papa John's restaurants in the Denver and Minneapolis markets. AlphaGraphics, Inc. Purchased by an Affiliate of Blackstreet CapitalBusiness and marketing communications franchisor AlphaGraphics, Inc., formerly owned by the UK-based G A Pindar & Son Ltd., has been purchased by an affiliate of Maryland-based private equity fund Blackstreet Capital Partners II.
DineEquity, Inc. Announces the Sale of 39 Applebee’s Company-Operated Restaurants in Virginia to Potomac Family Dining Group, LLCDineEquity, Inc. (NYSE: DIN), today announced that it has entered into an asset purchase agreement with Potomac Family Dining Group, LLC for the sale of 39 Applebee's company-operated restaurants located in Virginia. Gold's Gym International Acquires 11 Spectrum Athletic Club Locations in San AntonioGold's Gym International (GGI), the world's leading authority on health and fitness, announced today that it has signed an agreement to acquire all 11 Spectrum Athletic Club locations in the San Antonio area. Dippin’ Dots Signs Agreement to be Acquired by Oklahoma FirmDippin' Dots, LLC, a newly formed company based in Oklahoma and funded by private capital, has agreed to acquire Paducah, Kentucky-based Dippin’ Dots, Inc. A motion to approve the proposed sale was filed today in the U.S. Bankruptcy Court in... Hyatt Announces Acquisition of Premier Mexico City Hotel in PolancoNearly 30 years after the opening of the first Hyatt hotel in Mexico, Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate intends to acquire the 756-room Hotel Nikko Mexico for approximately US$190 million from Japan-Mexico Hotel...
Triarc and Wendy's Complete Merger TransactionTriarc Companies, Inc. (NYSE: TRY; TRY.B), the parent company of Arby's Restaurant Group, Inc., which is the franchisor of the Arby's(R) restaurant system, and Wendy's International, Inc. (NYSE: WEN), announced today that they have completed their...
Volvo Rents Acquires First Locations in Puerto RicoIn 2011, Volvo Rents expanded its presence nationally, acquiring more than 50 companies in the United States, as well as internationally, as the brand acquired six new locations in Canada.
Founder of Applebee's Neighborhood Grill & Bar Sells 40 Locations to Affiliate of IHOP's Largest Franchisee; Will Serve as CEO of Acquiring OrganizationDineEquity, Inc. (NYSE: DIN), parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that existing Applebee's franchisee, Neighborhood Restaurant Partners, LLC, an affiliate of IHOP's largest franchisee, has purchased. Jamba, Inc. Announces Acceleration of Consumer Products Growth Platform To Expand Distribution of Jamba All-Natural Energy DrinksJamba, Inc. (NASDAQ:JMBA) announced it plans to expand the distribution and retail outlets of Jamba All-Natural Energy Drinks beyond the current Northeastern market as part of its strategic goal to accelerate its consumer products platform. Acquisition of Buffalo's Cafe Restaurant Chain by Fog Cutter Capital Group Inc's Franchise Development SubsidiaryFog Cutter Capital Group Inc's franchise development subsidiary has acquired Buffalo's Caf Better Homes and Gardens Real Estate Rand Realty Expands into Northern New JerseyToday the family-owned and operated brokerage, Better Homes and Gardens Real Estate Rand Realty, announced its expansion into northern New Jersey with the acquisition of Preakness Realty.
The Franchise Company Acquires Field Asset Services, Inc.The Franchise Company (TFC) is proud to announce that it has expanded its property services portfolio with the acquisition of an 80% interest in Field Asset Services, Inc., one of North America's largest residential preservation services companies. Pump It Up Merges with BounceU: Former Competitors Become Single Largest Franchise Brand in Birthday Party SegmentPump It Up, the nation's largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has merged with Phoenix-based BounceU, its only direct national competitor.
Volvo Rents Midwest Growth Continues with Newest AcquisitionVolvo Rents announces the acquisition of Midwest Aerials and Equipment, Inc., a four-location construction equipment rental company with stores in St. Louis, Kansas City and Springfield, Mo. as well as one location in Bloomington, Ill.
Realogy Subsidiary, Cartus, Acquires Primacy RelocationRealogy Corporation, a leading global provider of real estate and relocation services, today announced that its relocation services subsidiary, Cartus Corporation, has acquired Primacy Relocation, a prominent relocation and global assignment management... Volvo Rents California Growth Continues with Latest AcquisitionVolvo Rents announces the acquisition of SoCal Rental Equip Rent, a single location construction equipment rental company in Glendora, CA. Play N Trade Franchise Inc., and Dimension Games Corporation MergePlay N Trade, the world's largest video game retail franchisor, has announced expansion to Canada through a merger with Canadian-based Dimensions Games Corporation. Murphy Adams Restaurant Group Purchases Mama Fu's Asian House Brand in U.S. and MexicoMama Fu's Noodle House announces today that it has sold its Mama Fu's Asian House brand in the United States and Mexico for an undisclosed amount to Austin, Texas-based Murphy Adams Restaurant Group, currently the largest franchisee of Mama Fu's. Phil Friedman Completes Acquisition Of The Salsarita's Fresh Cantina Quick Casual Mexican Restaurant ChainIndustry veteran Phil Friedman has acquired the Salsarita's Fresh Cantina quick casual Mexican restaurant chain. Salsarita's will be owned by Salsarita's Holdings, LLC, a company formed and controlled by Friedman, who serves as CEO. Larry Reinstein will j Doctors Express Acquired by Two Visionary Health Care CompaniesDoctors Express, the first ever national urgent care franchise, has been acquired by Phoenix-based Immediate Clinic, LLC and The Ensign Group, Inc., based in Mission Viejo, Calif. IHOP Corp. Successfully Completes the Acquisition of Applebee's International, Inc.IHOP Corp. (NYSE: IHP) today announced that it successfully completed the acquisition of Applebee's International, Inc. for $25.50 per share in cash, representing a total transaction value of approximately $2.1 billion. With more than 3,250 restaurants... Established Hartford Area Agency is Now Weichert, Realtors(R) - The Zubretsky GroupBroker John Zubretsky, Jr., a high-profile Hartford area broker for 35 years, has announced his company’s affiliation with Weichert Real Estate Affiliates, Inc. (WREA). The Steak n Shake Company and Western Sizzlin Corporation Sign Merger AgreementThe Steak n Shake Company ("SNS") (NYSE: SNS), and Western Sizzlin Corporation ("Western") (Nasdaq: WEST), today jointly announced that they had executed an agreement for a wholly-owned subsidiary of Steak n Shake to merge with and into Western. Shane's Rib Shack and Planet Smoothie Acquired by Management and Edmonds Capital, LLCEdmonds Capital, LLC announces today that it is teaming with the management teams of Shane's Rib Shack, a national rib shack and barbecue concept founded by Shane Thompson in 2002, and Planet Smoothie, a national smoothie concept founded by Martin... Pet Supplies Plus Acquires Largest FranchiseePet Supplies Plus (“PSP”) announced today that it has completed the acquisition of its largest franchisee, consisting of twelve stores in Northeast Pennsylvania. PSP, a portfolio company of Irving Place Capital, is the third-largest pet... RE/MAX Prestige Annouces Merger with Mack Realty Group of Danvers, MAAndy Armata and Stacey Alcorn, Broker/Owners of RE/MAX Prestige, are very excited today to announce that Mack Realty Group of Danvers has merged with RE/MAX Prestige. The Marcus Family invests in a passionate, entrepreneurial business with the acquitision of Verlo Mattress Factory Stores.The Marcus Family, owner of Marcus Investments LLC, and also a controlling stakeholder in the Marcus Corporation (NYSE: MCS), today announced the acquisition of Fort Atkinson-based Verlo Mattress Factory Stores, the nation's only franchisee model in the.. Driven Brands Accelerates Growth with Maaco PurchaseDriven Brands, Inc., the parent of Meineke Car Care Centers, Econo Lube N' Tune, AutoQual, Aero Colours, Drive N Style, and Tortal.net, announced today the acquisition of Pennsylvania-based Maaco Franchising, Inc., the market leader in franchised auto... Sotheby's International Realty Brand Welcomes Hudson Valley, New York FirmSotheby’s International Realty Affiliates LLC today announced that Hudson Homes LLC in Tarrytown, N.Y., is the newest member of its luxury real estate network and now will operate as Hudson Homes Sotheby’s International Realty. Prominent Utah Firm Joins Sotheby's International Realty(R) NetworkSotheby's International Realty Affiliates LLC today announced that Lewis, Wolcott & Dornbush Real Estate in Utah has joined its luxury real estate network. U.S. OXXO Care Cleaners(R) Eco-Friendly Dry Cleaning Franchise Absorbs Original Spanish ChainSix years after its launch in the U.S., OXXO Care Cleaners® just completed the acquisition of the original Spanish chain of OXXO dry cleaners. Outdoor Living Brands Acquires Mosquito Squad(R) BusinessOutdoor Living Brands, the preeminent leader in branded franchise offerings in the outdoor living category, has added Mosquito Squad(R) to its portfolio of respected brands. The acquisition extends the company's range of franchise offerings dedicated... Triarc and Wendy's Shareholders Approve MergerTriarc Companies, Inc. (NYSE: TRY; TRY.B), the parent company of Arby's Restaurant Group, Inc. which is the franchisor of the Arby's(R) restaurant system, and Wendy's International, Inc. (NYSE: WEN), announced today that their respective shareholders... NexCen Brands, Inc. and the Camuto Group Announce the Acquisition of The Shoe Box, Inc. Trademarks and a Partnership Plan to Franchise Stores WorldwidNexCen Brands, Inc. ("NexCen") (NASDAQ: NEXC) announced today that it has closed on the acquisition of the trademarks and other intellectual property of The Shoe Box, Inc. in partnership with the Camuto Group. Leading Game Retailers Play N Trade and Dimension Games MergeNow there are even more reasons and more locations for gamers to celebrate a big win! AllOver Media, Inc. Acquires The Wide Format Shop Printing CompanyAllOver Media, Inc., the leading U.S. provider of non-traditional out-of-home advertising solutions, today announced the acquisition of The Wide Format Shop, a Minnetonka, Minn.-based wide-format print center. NexCen Brands Acquires The Great American Cookie Company® From Mrs. Fields Famous BrandsNexCen Brands, Inc. (Nasdaq: NEXC) ("NexCen") announced today that it has acquired the Great American Cookie Company ("Great American Cookies") from Mrs. Fields Famous Brands, LLC ("Mrs. Fields"). Dollar Thrifty Car Rental Franchise Affirms Recommendation Of Hertz MergerDollar Thrifty Automotive Group, Inc. ("Dollar Thrifty") (NYSE: DTG) today issued the following statement regarding the revised proposal made by Avis Budget Group ("Avis Budget") (NYSE: CAR) on September 23, 2010... |
Features & Special ReportsQuick on the Draw: Today's franchise system response must be quick and conciseLinda Shaub is CMO of Interim Healthcare, a network of 332 franchise locations providing medical staffing and in-home care services in 43 states. Anatomy of a Turnaround: Bennigan's Reclaims The Integrity of An IconEveryone loves a good comeback story, and I am honored and humbled to be at the helm of a classic turnaround tale. Growth Machine: Anil Yadav Shows No Signs Of Slowing DownAnil Yadav has graced the pages (and one cover) of Multi-Unit Franchisee magazine twice before. 5 Key Mobile Marketing Strategies for FranchisesFor franchise marketers, mobile marketing is now paramount to a successful online strategy. MarketingSherpa: Marketing Wisdom for 2012In case you missed it (and when it comes to marketing and social media there's plenty to keep up on), MarketingSherpa published its Wisdom Report, "Marketing Wisdom for 2012" earlier this year. Time For Benchmarking: All That's Needed Is The WillI am convinced that someday the franchising community will finally get around to unleashing its biggest competitive strength: unit predictability. Improving the Speed and Effectiveness of Your Responses to ProspectsWe asked two franchise marketing pros what they're doing to provide more timely - and relevant - responses to prospect inquiries. Social Media Roundup - May 2012Here are four reasons local business marketers should continue to use the Yellow Pages. Health-Scare Reform: "There's Still More That We Don't Know Than We Do."Since national health care reform was signed into law in March 2010, it has generated strong reaction from multi-unit franchisees and small-business owners across the nation. The Customer Within: Provide Coworkers With The Best Service PossibleWhen we talk about customer service, we usually think about how we deal with the people who walk through our doors--both physical and virtual--to purchase our products and services. 
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