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Divestiture • Restaurants

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 Context
  • 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.

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M&A Deal Summary
Date January 20, 2020
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 Company

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 Overview 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 Context for Buyer #
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 Profile 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 Context for Seller #
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

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