Delight Restaurant Group Acquires 65 Wendy's Restaurants from Primary Aim, LLC

Meritage Hospitality Group Acquires 25 Wendy's Restaurants in North Carolina and Virginia

May 10, 2023

Restaurants & Hospitality

Meritage Hospitality Group Inc. acquired 25 Wendy's franchised restaurants located across North Carolina and Virginia, adding approximately $42.0 million in annual sales. The acquisition is part of Meritage's five-year growth plan to expand its Wendy's operating base and will be integrated into the company's operating and remodeling programs.

Flynn Group Acquires 32 Wendy's Restaurants in Indianapolis

November 21, 2024

Restaurants & Hospitality

Flynn Group LP, a San Francisco-based multi-brand franchise operator, acquired 32 Wendy's units in the Indianapolis, Indiana area. The deal increases Flynn’s domestic Wendy's footprint and brings roughly 40% of the brand’s local presence under Flynn as the company looks to realize operational efficiencies and drive growth in the market.

Flynn Restaurant Group and Wendy's Complete Purchase of NPC International's Pizza Hut and Wendy's Assets

March 24, 2021

Restaurants & Hospitality

NPC International has closed the sale of substantially all of its assets to Flynn Restaurant Group and Wendy's (together with five current Wendy's franchisees) as part of its Chapter 11 restructuring. The transactions transfer ownership of NPC's Pizza Hut and Wendy's restaurant locations (over 1,300 restaurants) to the buyers while restaurants remain open under new ownership.

Tasty Restaurant Group (Tasty Hut) Acquires 37 Pizza Hut Locations

November 20, 2020

Restaurants & Hospitality

Tasty Restaurant Group, through its affiliate Tasty Hut and backed by Los Angeles-based private equity firm Triton Pacific, acquired 37 franchised Pizza Hut restaurants (34 in Northern Virginia and 3 in West Virginia). The deal expands Tasty Hut’s existing Pizza Hut portfolio and is intended to increase regional market share and operational economies of scale.

Tasty Hut (Triton Pacific Affiliate) Acquires 27 Pizza Hut Restaurants

June 30, 2022

Restaurants & Hospitality

Tasty Hut, LLC, a portfolio company of Tasty Brands, LP (an affiliate of Triton Pacific), acquired a portfolio of 27 franchised Pizza Hut restaurants across West Virginia, Kentucky, Ohio and Virginia for an aggregate purchase price of $8.7 million. The deal — which closed June 15, 2022 — is an add-on to Tasty Hut's existing Pizza Hut footprint and expands the platform's presence in the Appalachian region.

Triton Pacific Affiliate (Tasty Restaurant Group) Acquires 117 Pizza Hut Restaurants from Rage, Inc.

December 17, 2019

Restaurants & Hospitality

An affiliate of Los Angeles-based private equity firm Triton Pacific completed the acquisition of 117 Pizza Hut restaurants (114 operating, 3 under development) and select real estate assets for about $80 million. The deal — executed by Triton Pacific’s operating platform Tasty Restaurant Group — expands the firm’s quick-service restaurant portfolio across Illinois, Kentucky, North Carolina, South Carolina, Tennessee, Virginia and West Virginia and was a buy of assets from Rage, Inc.