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  6. Carolina Quality Acquires Ridge Runner Fast Foods

M&A Deal Summary

Carolina Quality Acquires Ridge Runner Fast Foods

On May 12, 2015, Carolina Quality acquired food company Ridge Runner Fast Foods

Acquisition Highlights
  • This is Carolina Quality’s 1st transaction in the Food sector.
  • This is Carolina Quality’s 1st transaction in the United States.
  • This is Carolina Quality’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-05-12
Target Ridge Runner Fast Foods
Sector Food
Buyer(s) Carolina Quality
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Ridge Runner Fast Foods

Boone, North Carolina, United States
Ridge Runner Fast Foods (dba Burger King) is a holding company for three Burger King (BK) franchises located in Boone, North Carolina, Mountain City, Tennessee and Elizabethton, Tennessee.

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Buyer(S) 1

Buyer

Carolina Quality

Henderson, North Carolina, United States
Category Company
Sector Food
DESCRIPTION

Carolina Quality LLC is a Burger King Franchises with 36 restaurants in North Carolina, Virginia, Alabama, Mississippi, Tennessee, and Louisiana.

DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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