Restaurants & Hospitality Acquisitions in Indiana
Showing 4 transactions.
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- Buyer
- Jack Omer
- Target
- Lee's Famous Recipe Chicken (five Indiana franchise units - Connersville, Muncie, Richmond, New Castle and one additional Indiana unit)
- Industry
- Restaurants & Hospitality
- Location
- Indiana, United States
- Type
- Addon
Jack Omer, grandson of Lee's co-founder Harold Omer, has acquired five existing Lee's Famous Recipe Chicken franchise restaurants across Indiana, including units in Connersville, Muncie and Richmond (and an earlier purchase in New Castle). The acquisitions are part of a multi-unit growth strategy that includes remodels to update locations to current brand standards and expand the franchisee's footprint in central Indiana.
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December 18, 2025
- Buyer
- Jack Omer
- Target
- Lee's Famous Recipe Chicken (New Castle, Indiana franchise location), Five Lee's Famous Recipe Chicken franchise locations in Indiana (multi‑unit acquisition)
- Seller
- Mike Fort
- Industry
- Restaurants & Hospitality
- Location
- Indiana, United States
- Type
- Buyout
Jack Omer, a third‑generation member of the Lee's Famous Recipe Chicken family, acquired the New Castle, Indiana Lee's franchise location from longtime franchisee Mike Fort and signed a development agreement to open multiple new locations in the greater Indianapolis area. Subsequent reporting indicates Omer completed a multi‑unit acquisition of five Lee's franchise locations in Indiana as part of a broader multi‑unit growth and geographic expansion plan.
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March 18, 2025
- Buyer
- K1 Circuit
- Target
- Whiteland Raceway Park
- Industry
- Restaurants & Hospitality
- Location
- Indiana, United States
- Type
- Buyout
K1 Circuit has acquired Whiteland Raceway Park, the nation’s oldest continuously operating go-kart track in Whiteland, Indiana. The purchase is K1 Circuit's second location and expands the operator's footprint in the U.S.; K1 Circuit plans facility investments, new amenities, and to host additional karting series and events at the venue.
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November 21, 2024
- Buyer
- Flynn Group LP
- Target
- Wendy's (32 restaurants in Indianapolis, Indiana area)
- Industry
- Restaurants & Hospitality
- Location
- Indiana, United States
- Type
- Buyout
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.
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