Flynn Group Acquires 32 Wendy's Restaurants in Indianapolis

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.

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.

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

April 2, 2024

Restaurants & Hospitality

Delight Restaurant Group acquired 65 Wendy's restaurants across Pennsylvania, Ohio and West Virginia from Primary Aim, LLC, increasing its portfolio to 226 restaurants and positioning the company as one of the largest Wendy's franchisees. The transaction expands Delight's footprint and scale as it continues pursuing growth through acquisitions and new-unit development.

Flynn Group Acquires 13 Panera Bread Cafés from Blue Ridge Bread Inc.

September 13, 2024

Restaurants & Hospitality

Flynn Group LP has acquired 13 Panera Bread cafés from Blue Ridge Bread Inc., adding 11 locations in Virginia (Flynn's first Panera presence in the state) and two in West Virginia. The deal increases Flynn's Panera footprint to 145 cafés as the franchising operator continues regional expansion of its multi-brand portfolio.

Avon Protection Acquires Team Wendy for $130 Million

September 9, 2020

Aerospace & Defense

Avon Protection, a subsidiary of Avon Rubber p.l.c., will acquire Team Wendy, a Cleveland-based maker of helmet systems for military, law enforcement and first responders, for $130 million in cash. The deal (subject to shareholder and regulatory approval) will leave Team Wendy operating as an Avon subsidiary from its Cleveland headquarters with its CEO and department directors remaining in place.

BurgerFi Acquires Anthony's Coal Fired Pizza & Wings

October 11, 2021

Restaurants & Hospitality

BurgerFi International Inc. agreed to acquire Anthony's Coal Fired Pizza & Wings from L Catterton for approximately $161.3 million in a stock, preferred equity and debt assumption transaction. The deal expands BurgerFi's multi-brand restaurant platform, adding 61 Anthony's locations and complementary fast-casual and virtual concepts to its portfolio.