Roark Capital Group has acquired Driven Brands, a nationwide franchise automotive company, from Harvest Partners. Driven Brands’ CEO, Jonathan Fitzpatrick, will continue to lead the business, which will remain headquartered in Charlotte, N.C.
Fast-casual seafood chain, Captain D’s, in the middle of a reinvention centered around beachy restaurant redesigns, a retooled, healthier menu and increasing its share of franchised locations.
Legacy Concepts answered Dunkin’ Donuts call to re-introduce the coffee-and-donuts brand to the Twin Cities in Minnesota, a state it abandoned when it closed its last store in 2005.
After becoming the CEO of Jackson Hewitt at 31, Dan Tarantin is now the head of Chem-Dry and N-Hance international home service brands.
Brent Dowling, COO of franchisor consultant RainTree, counts three mistakes often made by emerging franchisors in their quest to grow, and he offers them in response to Franchise Times’ Living Large column, which is following young franchisors all year to see how they tackle various challenges.
Welcyon, the Edina, Minnesota-based chain of health clubs for people over 50, has a new design executives hope will appeal to choosy baby boomer clients with sophisticated tastes.
Three new franchise clients push the total to 11 for ApplePie Capital, the fledgling website connecting investors to franchise loans in a version of crowdfunding. They are Brain Balance Achievement Centers, Brightway Insurance and Capriotti’s Sandwich Shop.
GE said it would sell most of its GE Capital assets by 2018, in a move to refocus on its industrial businesses. GE Chairman and CEO Jeff Immelt said market conditions are favorable to pursue the sale of GE Capital assets not specifically tied to it industrial units. What does that mean for GE Capital, Franchise Finance, one of the largest lenders in the restaurant finance arena?
As Bojangles' looks to go public, most analysts expect another stock market pop in the mold of Shake Shack and other recent franchised restaurant brands.
David Kaiser, VP of Great American Cookies, on the appeal of the Middle East for American brands, and its major initiatives for 2015.
After Dairy Queen announced its plans to expand to Poland, giving the company its first European presence in more than 20 years, we decided to take a look at that country's economy.
Dan Stone on the highs, lows and enduring challenges of the fondue chain's international expansion.
Confirming the rise of concrete’s popularity in home décor, All American Decorative Concrete is the latest acquisition for Home Franchise Concepts based in Orange, California, also the parent company of Budget Blinds and Tailored Living.
The International Franchise Association will appeal a federal judge’s ruling last week in the Seattle minimum wage case, in which the court denied a petition to block a portion of the ordinance the IFA and five franchisee plaintiffs deem discriminatory. At least one outside attorney thinks the judge got it wrong.
In the age of technology, Fractured Prune CEO Dan Brinton has intentionally kept things simple in a fast-growing restaurant chain that allows customers to customize their own doughnuts.
After discovering Kono Pizza on an Italian vacation, serial entrepreneurs David Ragosa and Carlo Ruggiero immediately got to work bringing the QSR concept to the United States.
Window Genie is banking on a new partnership with 3M to boost sales of residential window film, an arrangement that will begin in April.
A federal judge this week denied the attempt by five franchisee plaintiffs and the International Franchise Association to block portions of Seattle’s minimum wage law, scheduled to become effective April 1. The issue isn’t the wage itself, which will increase to $15 an hour, but rather that it treats franchisees as large employers rather than small because they are part of a large franchise system.
Although several economic indicators have softened, fundamentals remain on course for a growth spurt as summer approaches.
Dan Schneider saw an opportunity to help companies reduce costs during the recession. Now his company, SIB, is in 20,000 locations throughout the United States.