International Franchise Professionals Group Acquires Franchise Business Review

CNL Strategic Capital Acquires International Franchise Professionals Group (IFPG)

July 9, 2025

Professional Services

CNL Strategic Capital has acquired International Franchise Professionals Group (IFPG) in a transaction of approximately $113.5 million, marking IFPG as CNL Strategic Capital’s 17th portfolio company. IFPG is a tech-enabled, membership-based marketplace for franchisors, franchise consultants and vendors headquartered in Parlin, New Jersey; the company had been partnered with Princeton Equity Group since 2022 and will be sub-managed in this investment by Levine Leichtman Capital Partners.

Princeton Equity Group Invests in International Franchise Professionals Group (IFPG)

May 10, 2022

Consulting

Princeton Equity Group has made a strategic equity investment in the International Franchise Professionals Group (IFPG) to accelerate the franchise broker network's growth and enhance its infrastructure and member services. IFPG founder and CEO Don Daszkowski will remain in his role, with Red Boswell staying as President, and the partnership will support staffing expansion, capability development and future strategic acquisitions.

The Innovative Foodservice Group Acquires Foodservice & Restaurant Supply (FRS)

April 19, 2023

Food & Beverage

The Innovative Foodservice Group (IFG) has acquired Foodservice & Restaurant Supply (FRS), a 50‑year regional distributor of commercial kitchen equipment and supplies with four showrooms across the Carolinas. The acquisition brings FRS’s local sales, showroom and distribution capabilities into IFG’s national foodservice distribution platform, and was led for the sellers by Viking Mergers & Acquisitions.

Simplicity Group Acquires Financial Professionals Group

February 14, 2023

Financial Services

Simplicity Group has acquired Financial Professionals Group (FPG), an insurance marketing organization based in Foothill Ranch, California. The deal brings FPG's advisor-focused distribution and long-term care expertise into Simplicity's national financial product distribution platform and welcomes FPG leaders Lauren and Justin Wright as partners.

BLG Group of Companies Acquires MBM Groups International Ltd and FDS Group

January 4, 2025

Consulting

BLG Group of Companies, led by Chairman Ajay K. Dubey, has acquired UK-based MBM Groups International Ltd and Germany-based FDS Group in a multi-million (reported) transaction to expand its consulting, technology and industrial capabilities across Europe and Southeast Asia. Dr. Hans Martin Krüger will lead European integration efforts; financial terms were not disclosed.

Private Advisor Group Acquires Investors Financial Group

March 16, 2022

Financial Services

Private Advisor Group, a Morristown, New Jersey-based independent wealth management firm, has acquired Minnesota-based registered investment advisor Investors Financial Group (IFG). IFG — comprised of nearly 30 advisors and staff and managing $1.86 billion in advisory AUM as of Dec. 31, 2021 — will transition RIA management to Private Advisor Group to gain practice management resources, scale, and succession planning support.