M&A Deal Summary

NPC International Acquires Wendy s 62 Restaurants

On March 9, 2017, NPC International acquired restaurant Wendy s 62 Restaurants from Wendy s for 53M USD

Acquisition Highlights
  • This is NPC International’s 2nd transaction in the Restaurants sector.
  • This is NPC International’s largest (disclosed) transaction.
  • This is NPC International’s 2nd transaction in the United States.
  • This is NPC International’s 1st transaction in Ohio.

M&A Deal Summary

Date 2017-03-09
Target Wendy s 62 Restaurants
Sector Restaurants
Buyer(s) NPC International
Sellers(s) Wendy s
Deal Type Divestiture
Deal Value 53M USD

Target

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

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Buyer(S) 1

Buyer

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 (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-20 Wendy s 54 Salt Lake City Restaurants

United States

Wendy's 54 Salt Lake City Restaurants comprises 24 restaurants, along with two future locations, in the Seattle market . 30 restaurants in the St. Louis market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 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.

Sell -

Seller(S) 1

SELLER

Wendy s

Dublin, Ohio, United States

Category Company
Founded 1969
Sector Restaurants
Employees13,300
Revenue 2.2B USD (2023)
DESCRIPTION
Entrance to Wendy's corporate headquarters in Dublin, Ohio.
Entrance to Wendy's corporate headquarters in Dublin, Ohio.

Wendy's is a major quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Wendy’s was founded in 1969 and is based in Dublin, Ohio.


DEAL STATS #
Overall 6 of 8
Sector (Restaurants) 5 of 7
Type (Divestiture) 5 of 7
State (Ohio) 2 of 2
Country (United States) 5 of 7
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-02 The New Bakery

Zanesville, Ohio, United States

The New Bakery Company, LLC produces and distributes bakery products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-31 Wendy s 5 Restaurants

Atlanta, Georgia, United States

Wendy's 5 Restaurants comprises five restaurants located in Atlanta, Georgia.

Sell -