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Log In / Register | Jul 22, 2018
News about company buy outs and mergers

NY Private Equity Firm Acquires Dwyer Group

New York-based private equity firm Harvest Partners LP has acquired Dwyer Franchising, LLC of Texas, a group of 20 home service franchising brands. The amount of the deal for the Dwyer Group was not disclosed.

Wyndham Completes Spin-off

This morning Wyndham announced it has completed its split into two. Wyndham Worldwide Corporation is gone and in its place are now two publicly traded firms. Wyndham Destinations, Inc.

Wyndham Finalizes Acquisition of La Quinta

Wyndham Worldwide Corporation (NYSE:WYN) announced yesterday that it completed its acquisition of La Quinta Holdings, a hotel franchising and hotel management business.

Manna Buys 38 More Cafés, Now One of Panera Bread’s Largest Franchisees

Panera Bread bicycle deliveryManna Development Group has acquired 38 Panera Bread cafés in Colorado, expanding its operations to over 130 Panera Bread cafés across seven states.

Red Lion Buys Knights Inn Hotel Brand from Wyndham for $27 Million

Knights Inn signageRed Lion Hotels Corporation [NYSE:RLH] announced today that it has agreed to acquire the Knights Inn hotel brand from Wyndham Worldwide [NYSE:WYN] for $27 million in cash. The deal is expected to close in the second quarter of 2018.

Jollibee Foods Now Majority Owner of Smashburger in $100M Deal

Smashburger announced this week that Jollibee Foods Corporation has agreed to acquire an additional 45 percent of the Smashburger brand for $100 million, bringing its ownership stake to 85 percent.

Sentinel Capital Sells Franchisor Huddle House

A Huddle House franchised casual dinerA private equity firm that invests in lower mid-market companies, Sentinel Capital Partners, announced yesterday that it has sold franchisor Huddle House Inc. for an undisclosed amount. The buyer was not disclosed.

Choice Hotels Completes Acquisition of Franchisor WoodSpring Suites

WoodSpring Suites in Seattle Everett
WoodSpring Suites room in Everett, WA. (photo/Choice)

Choice Hotels International, Inc. (NYSE:CHH) announced today that it has completed its acquisition of WoodSpring Hotels LLC. The intent to buyout the franchising firm that oversees 240 extended-stay hotels was announced a month and a half ago.

7-Eleven Grows Significantly in U.S. and Canada through Acquisition of Sunoco C-Stores

A Sunoco gas station and attached convenience store in Kentucky7-Eleven Inc., the North American convenience chain subsidiary of Japan’s Seven & i Holdings Co., Ltd., announced today that it has completed its acquisition of nearly 1,030 Sunoco convenience stores in 17 states.

Wyndham to Buy La Quinta for $1.95 Billion

Richardson, Texas, La Quinta. Photo/La Quinta

Wyndham Worldwide Corporation [NYSE:WYN] announced this morning that it has agreed to acquire La Quinta’s hotel franchise and operations management businesses for $1.95 billion in cash.