MOD Pizza Acquires 13 Formerly Franchised Locations in North Carolina

Clayton, Dubilier & Rice Invests $150 Million in MOD Pizza

May 21, 2019

Restaurants & Hospitality

Clayton, Dubilier & Rice (CD&R) has made a $150 million investment to acquire a significant stake in MOD Super Fast Pizza Holdings, LLC (MOD Pizza). The growth capital will fund expansion of MOD’s fast-casual pizza footprint (433 locations system-wide), accelerate domestic and international openings, and support investments in off-premise and digital capabilities.

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.

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.

MOD Enterprises Acquires Southside Harley-Davidson and Hampton Roads Harley-Davidson From the Estate of Mary Hughes

March 21, 2026

Retail

MOD Enterprises acquired Southside Harley-Davidson (Virginia Beach) and Hampton Roads Harley-Davidson (Yorktown) from the Estate of Mary Hughes. The transaction completed as part of a strategic consolidation, combining these locations into Bayside Harley-Davidson in Portsmouth, Virginia.

Chaac Foods Acquires 102 Pizza Hut Stores in the Northeast

February 11, 2020

Restaurants & Hospitality

Chaac Foods, a restaurant platform backed by Gauge Capital and led by Luis Ibarguengoytia, purchased 102 Pizza Hut franchise locations in the Northeast (NY, NJ, PA, MD and DC) from another franchisee. The deal increases Chaac Foods' Pizza Hut footprint to more than 130 stores as part of its ongoing growth strategy.

Piece by Piece Movers Acquires Movin' On Movers

April 5, 2023

Transportation

Massachusetts-based Piece by Piece Movers has acquired Raleigh, North Carolina-based Movin' On Movers. The transaction, facilitated by Benchmark International, expands Piece by Piece's operations into the North Carolina market and transfers ownership from Movin' On Movers' CEO Danny Wilson.