M&A Deal Summary

Franchise Management Acquires Zak Family Foods - 25 KFC Taco Bell and Co-branded Restaurants

On January 20, 2020, Franchise Management acquired restaurant Zak Family Foods - 25 KFC Taco Bell and Co-branded Restaurants from Zak Family Foods

Acquisition Highlights
  • This is Franchise Management’s 1st transaction in the Restaurants sector.
  • This is Franchise Management’s 1st transaction in the United States.
  • This is Franchise Management’s 1st transaction in Iowa.

M&A Deal Summary

Date 2020-01-20
Target Zak Family Foods - 25 KFC Taco Bell and Co-branded Restaurants
Sector Restaurants
Buyer(s) Franchise Management
Sellers(s) Zak Family Foods
Deal Type Divestiture

Target

Zak Family Foods - 25 KFC Taco Bell and Co-branded Restaurants

Iowa, United States
Zak Family Foods - 25 KFC, Taco Bell, and Co-branded Restaurants based in Iowa, Illinois, and Nebraska.

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Buyer(S) 1

Buyer

Franchise Management

Woodstock, New Brunswick, Canada

Category Company
Founded 1990
Sector Restaurants
DESCRIPTION

Franchise Management, Inc. is a pizza hut franchise operator currently owns and operates more than 250 Pizza Hut, KFC, Taco Bell, Panera Bread, Robin’s Donuts and Convenience Store businesses across 13 different provinces and states.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Zak Family Foods

Gretna, Nebraska, United States

Category Company
Founded 2001
Sector Restaurants
DESCRIPTION

Zak Family Foods is a restaurant management company in the midwest serving communities in Nebraska, Iowa, Illinois and Wisconsin with world-class operations in Kentucky Fried Chicken, Taco Bell, and Long John Silvers.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1