M&A Deal Summary

Delight Restaurant Group Acquires NPC International - 54 Wendy s Restaurants

On March 25, 2021, Delight Restaurant Group acquired restaurant NPC International - 54 Wendy s Restaurants from NPC International

Acquisition Highlights
  • This is Delight Restaurant Group’s 1st transaction in the Restaurants sector.
  • This is Delight Restaurant Group’s 1st transaction in the United States.
  • This is Delight Restaurant Group’s 1st transaction in Kansas.

M&A Deal Summary

Date 2021-03-25
Target NPC International - 54 Wendy s Restaurants
Sector Restaurants
Buyer(s) Delight Restaurant Group
Sellers(s) NPC International
Deal Type Divestiture

Target

NPC International - 54 Wendy s Restaurants

Overland Park, Kansas, United States
NPC International's 54 Wendy's Restaurants produce $85+ million in gross annual revenue and have over 1,500 employees.

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Buyer(S) 1

Buyer

Delight Restaurant Group

Norfolk, Virginia, United States

Category Company
Founded 2016
Sector Restaurants
DESCRIPTION

Delight Restaurant Group is a wendy's and taco bell restaurants with a total of 111 locations and $185+ million in gross annual revenue. Delight Restaurant Group was founded in 2016 and is based in Norfolk, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

NPC International

Overland Park, Kansas, United States

Category Company
Founded 1962
Sector Restaurants
DESCRIPTION

NPC International is a Pizza Hut franchisee in the United States with approximately 790 stores. NPC International operated stores in 26 states with significant presence in the Midwest, South and Southeast. NPC International was founded in 1962 and is based in Overland Park, Kansas.


DEAL STATS #
Overall 2 of 2
Sector (Restaurants) 2 of 2
Type (Divestiture) 2 of 2
State (Kansas) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-09 Wendy s 62 Restaurants

Dublin, Ohio, United States

Wendy's 62 Restaurants are located in south central Pennsylvania in and around Harrisburg and Allentown, Pennsylvania

Buy $53M