M&A Deal Summary

CNL Strategic Capital Management Acquires IFPG

On July 7, 2025, asset manager CNL Strategic Capital Management acquired franchising company IFPG from Princeton Equity Group

Acquisition Highlights
  • This is CNL Strategic Capital Management’s 2nd transaction in the Franchising sector.
  • This is CNL Strategic Capital Management’s 15th transaction in the United States.
  • This is CNL Strategic Capital Management’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2025-07-07
Target IFPG
Sector Franchising
Buyer(s) CNL Strategic Capital Management
Sellers(s) Princeton Equity Group
Deal Type Secondary Buyout

Target

IFPG

Parlin, New Jersey, United States
IFPG is an operator of a membership-based franchise consulting network of franchisors, franchisor consultants, and vendors. IFPG also hosts events and conferences for its current members and provides lead generation services, consultant training, and industry-relevant periodicals and online content. IFPG was founded in 2012 and is based in Parlin, New Jersey.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

CNL Strategic Capital Management is an investment group that looks to acquire interests in private US-based companies with clear opportunities for growth where it can pass consistent, monthly cash flows to its investor partners. The Firm generally looks to partner with management when pursuing opportunities and targets companies with durable brands, high margins, and insulated products/services. CNL Strategic Capital Management is based in Orlando, Florida.


DEAL STATS #
Overall 15 of 15
Sector: Franchising M&A 2 of 2
Type: Secondary Buyout M&A Deals 9 of 9
State: New Jersey M&A 2 of 2
Country: United States M&A 15 of 15
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-18 Madison Retirement

Appleton, Wisconsin, United States

Madison Retirement provides customers with plan design and implementation, plan administration, compliance, fiduciary services, and customized support to approximately 3,700 plans and 200,000 participants. Madison Retirement was founded in 1993 and is based in Appleton, Wisconsin.

Buy -

Seller(S) 1

DESCRIPTION

Princeton Equity Group is a private equity firm focused on investing in franchisor and multi-unit businesses where it can assist with franchisee development, marketing, human capital, and real estate strategies. Franchisor categories of interest include consumer, healthcare, and business services. Princeton Equity Group was formed in 2019 and is based in Princeton, New Jersey.


DEAL STATS #
Overall 2 of 3
Sector: Franchising M&A 2 of 2
Type: Secondary Buyout M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 Card My Yard

Austin, Texas, United States

Card My Yard is a franchisor of short-term celebratory yard greetings, including large letters, custom graphics, or signage installed on a customer’s lawn to memorialize a milestone event. Card My Yard was founded in 2014 and is based in Austin, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-04 Ellie Mental Health

Mendota Heights, Minnesota, United States

Ellie Mental Health is a provider and franchisor of talk therapy services, couples counseling, psychiatric medication management, and community-based mental health services. Ellie Mental Health was founded in 2015 and is based in Mendota Heights, Minnesota.

Sell -