10 Win Prestigious Franchise Times Dealmakers Awards
Last year's Franchise Times Deal of the Year was founder Jimmy John Liautaud's sale of Jimmy John's to Roark Capital, as featured on the cover of the April 2017 issue.
Franchise Times today announces winners of the 2018 Franchise Times Dealmakers awards, the sixth annual project recognizing the boldest players driving mergers and acquisitions in franchising.
The 2018 Franchise Times Dealmakers will accept awards and tell how they landed their deals at a gala awards luncheon Tuesday, May 8, 2018, when the 2018 Deal of the Year will also be recognized. The luncheon is a highlight of the Franchise Times Finance & Growth Conference, May 7-9, at the Mirage hotel in Las Vegas. All deals will be featured in the April issue of Franchise Times.
DEALMAKERS OF THE YEAR 2018 (in alphabetical order):
CKA Management executes 10 buy-side transactions to add 38 Wendy’s, after selling other units to raise equity, advised by Auspex Capital.
Seven separate buyer groups, led by the Hari Group, purchase 67 Dunkin’ Donuts owned by single franchisee, advised by JCM and Paris Ackerman.
FAT Brands sells Regulation A+ initial public offering, using $24-million proceeds to acquire Homestyle Dining and Hurricane Grill & Wings.
Happy Tax, a virtual tax prep franchise, buys Opportunity Tax so independent tax preparers can convert to bricks-and-mortar franchises and also add online business.
Katten Muchin Rosenman law firm advises on more than 75 deals in the franchise and restaurant space, with loan sizes ranging from $25- to $800 million.
Mooyah Burgers & Fries attracts Gala Capital Partners, led by multi-unit franchisee Anand Gala, and Balmoral Funds as investors, as Gala looks to make similar acquisitions.
NRD Capital buys Ruby Tuesday in a $335-million deal, taking the company private and adding new management and re-tooling the brand to return to growth path.
OCAT LLC sells portfolio of Taco Bells to Pacific Bells, an institutionally backed company requiring extra scrutiny, advised by Trinity Capital.
Safeguard Business Systems purchases multiple businesses then sells them to new or existing Safeguard ‘zees, including $26 million divestiture of Brand Advantage Group.
Window Genie founder Rik Nonelle attracts Dwyer Group and The Riverside Co. as investors, adding to Dwyer’s portfolio of home services brands.
The winners were selected by a panel of judges, all experts in franchise M&A, from finalist nominations solicited by Franchise Times in the fourth quarter.
Nominations for next year’s project open October 1, at www.franchisetimes.com, for deals completed between July 1, 2017, through Dec. 31, 2018. Contact Editor-in-Chief Beth Ewen, firstname.lastname@example.org, with questions.