BurgerFi International gains a new large shareholder, private equity firm L Catterton, along with a new brand it intends to franchise in its $161.3-million acquisition of Anthony’s Coal Fired Pizza & Wings. Executives hope both developments lead to a higher stock price.
Senior editor of Franchise Times
Well-versed in legal and public policy issues, Beth is quick to dissect a lawsuit or court ruling, and her M&A expertise yields fascinating content for FT’s Dealmakers program.
The successful launch since March 2019 of eight “Evolution” stores by 7-Eleven is leading to a major push into quick-service restaurants for the convenience-store giant. Plans call for 150-plus restaurants in 2021 alone.