Today's news for the franchise & small biz owner

Log In / Register | May 22, 2013

Checkers, Rally’s Brands Up for Sale

Checkers and Rally's put up for sale
Rally's brand is owned by Checkers. photo/bmm

The franchisor of 800 Checkers and Rally's burger outlets, Checkers Drive-In Restaurants, has been put up for sale by its private equity firm owner Wellspring Capital Management.

CKE Restaurants Pulls IPO

Bull on Wall Street eludes CKE Restaurants desire for an IPO
Bull on Wall Street eludes CKE Inc

CARPINTERIA, Calif. — CKE Inc announced this evening that it is pulling its initial public offering because of poor market conditions.

Ex-CKE Executive Charged with Insider Trading

ORANGE COUNTY — Last week the Securities and Exchange Commission charged a former Carl’s Jr. and Hardee’s executive vice president with insider trading, using confidential information about the firm’s securities that he learned on the job.

Tailspin

" Mark Firmin, joint administrator of Pindar and KPMG’s Northern head of restructuring, said: "We are delighted to have completed a share sale of this US based global compan

Blackstreet Buys Alphagraphics

This auditorily gifted bird has heard that Blackstreet Capital Management LLC has bought out the franchisor of quick printing shops, Alphagraphics, Inc.

Sbarro Emerges from Chapter 11

Mama Sbarro, Theater District, New York City
Time's Square Mama Sbarro's, New York City. photo/Vincent Disjardins

MELVILLE, N.Y. — Franchisor Sbarro, Inc and its domestic subsidiaries announced late Monday afternoon that it has successfully emerged from Chapter 11 with a reduction in debt, an infusion of $35 million in capital and a plan of reorganization.

Top Ten PE Firms in 2011

LONDON — The top ten private equity firms are ranked for 2011.

PE Firm Buys Noodles

Noodles & Company
A Noodles & Company restaurant in Salt Lake City, photo/bmm

GREENWICH, Conn. – Connecticut-based private equity firm Catterton Partners has purchased a controlling stake in franchise chain Noodles & Co. of Colorado.

Saving the Auto Industry

Steven Rattner headed up the federal bailout of car maker and franchising firms General Motors and Chrysler in February 2009. The immediate question: should Chrysler be saved?

Focus Brands to Acquire Auntie Anne's

photo/Auntie Anne's

ATLANTA - Private-equity firm Roark Capital announced that its company Focus Brands, a buyer of franchise chains, is acquiring Auntie Anne's Inc., the franchising firm of the soft pretzel chain.