Tracked deals
4
4 tracked deals across 2021-2026.
Independence, Ohio, United States
Flynn Group is the largest global franchisee operator, owning and operating a diversified portfolio of restaurants and fitness clubs across major brands (e.g., Applebee’s, Taco Bell, Arby’s, Panera, Pizza Hut, Wendy’s, and Planet Fitness).
Tracked deals
4
4 tracked deals across 2021-2026.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
2 buyout · 2 divestiture
Last 3 years
Supporting Data
Flynn Group LP completed the acquisition of Grand Fitness Partners, a major Planet Fitness franchisee operating 98 clubs across multiple states. HGGC sold its portfolio company stake, and Monogram Capital Partners also exited its remaining position as part of the transaction.
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 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.
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.
Turn tracked acquisition activity into an outreach-ready buyer list.