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Log In / Register | Jun 23, 2018

Ex-Quiznos Executives File Objection to Hedge Fund Lawsuits

Escalator to Rick Schaden executive team headquarters

DENVER – Although Quiznos CEO Stuart Mathis assured concerned franchisees less than a month ago that the company didn’t expect any problems with its Chapter 11 bankruptcy, there is now a disturbing glitch in their plan.

Supersizing Better Burger Chains Today

Wimpy eyes some hamburgers, actually someone at Halloween impersonates Wimpy
A Wimpy costume at Halloween. photo by atxryan

Like J. Wellington Wimpy of Popeye fame, franchisors will gladly pay investors Tuesday for better burgers today. Private equity firms are stumbling over themselves to pour money into better burger chains.

Private Equity Bites into Edible Arrangements

A New York Edible Arrangement Van, minus a bite
Edible Arrangements van in New York City

WALLINGFORD, Conn. — Edible Arrangements, a chain that retails fruit arrangements, announced today a strategic partnership with Catterton Partners, a private equity firm that focuses on mid-market consumer businesses like P.F. Chang's China Bistro and Build-A-Bear workshops.

Motel 6 Sold to Blackstone for $1.9B

Motel 6, photo by Thomas Hawk

PARIS, France — Accor announced Tuesday that it has agreed to sell Motel 6 and Studio 6 hotel chains to the Blackstone Group for $1.9 billion. Based in Carrollton, Texas , the North American arm of the giant French hotel group, oversees 1,102 budget hotels in the United States and Canada.

2011 Restaurants, Private Equity and Franchising Overview

Pacific Management Consulting has updated its 2010 private equity and restaurants report to identify what is going on in the U.S. restaurant space by private equity (PE) firm. The result? A lot of activity, investments, and some high profile failures. There have just been a modest number of apparent successes to date.

McLean Group Beefs Up Franchise Mergers and Acquisitions

SAN FRANCISCO — The former CEO of Cartridge World, Burt Yarkin accepted a position in June as managing director of the San Francisco branch of the private investment firm The McLean Group.