Wendy s - M&A Summary and Business Overview

RestaurantsCompany

Wendy s M&A Summary

Wendy s has acquired 2 companies. It has also divested 8 assets.

Wendy s’ largest acquisition to date was in 1995, when it acquired Tim Hortons for $425M. It’s largest disclosed sale occurred in 2017, when it sold Wendy s 62 Restaurants to NPC International for $53M. Wendy s has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include restaurants (100%).

Wendy s Business Overview

Where is Wendy s headquartered?

Wendy s is headquartered in Dublin, Ohio.

What is Wendy s’ revenue?

Wendy s disclosed revenue of 2,182M USD for 2023 and 2,096M USD for 2022.

How many employees does Wendy s have?

Wendy s has 13,300 employees.

What sector is Wendy s in?

Wendy s is a restaurants company.

When was Wendy s founded?

Wendy s was founded in 1969.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity2
    • M&A Sell Activity8
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 6

Wendy's

The Wendy's Company

One Dave Thomas Boulevard,
Dublin, Ohio 43017
United States,
(614) 764-3100
www.wendys.com

Wendy's is a major quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Wendy’s was founded in 1969 and is based in Dublin, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $700M $700M
Sell (0.2/yr) # 7 - - 1 - - 8
vol $53M $53M
  10

Most Recent M&A

Company Date Value Type
Wendy's 6 Restaurants 2022-07-14 - Divestiture
Jacksonville, Florida
Wendy's 5 Restaurants 2019-10-31 - Divestiture
Atlanta, Georgia
Wendy's 62 Restaurants 2017-03-09 53M USD Divestiture
Dublin, Ohio
The New Bakery Co., LLC 2015-06-02 - Divestiture
Zanesville, Ohio
Fresh Enterprises LLC 2014-06-11 - Divestiture
Irvine, California · www.bajafresh.com
Wendy's 70 Restaurants 2014-02-17 - Divestiture
, Texas
Wendy's 54 Salt Lake City Restaurants 2013-11-20 - Divestiture
, United States
Tim Hortons Inc. 2006-09-29 - Spin Off
Oakville, Ontario · www.timhortons.com
Fresh Enterprises LLC 2002-05-31 275M USD Add-on Acquisition
Irvine, California · www.bajafresh.com
Tim Hortons Inc. 1995-08-08 425M USD Merger
Oakville, Ontario · www.timhortons.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Restaurants 2 (100%) 700M (100%) 7 (88%) 53M (100%)
Food - - 1 (13%) -
Total 2 $700M 8 $53M

By Geo

State/Country Buy Value Sell Value
United States 1 275M 7 53M
  California 1 275M 1 -
  Ohio - - 2 53M
  Texas - - 1 -
  Georgia - - 1 -
  Florida - - 1 -
Canada 1 425M 1 -
  Ontario 1 425M 1 -
Domestic 1 (50%) 275M (39%) 7 (88%) 53M (100%)
Cross-border 1 (50%) 425M (61%) 1 (13%) -
Total 2 $700M 8 $53M

Deal Values

buy # Total
$100M to $1B 2 $700M
TOTAL $700M
Largest Tim Hortons Inc.
$425M (1995-08-08)
sell # Total
< $100M 1 $53M
TOTAL $53M
Largest Wendy's 62 Restaurants
$53M (2017-03-09)

M&A Connections

Deals
Divested to
Investor(s)
13%
1 (13%)
Strategic(s)
75%
6 (75%)

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