Announced
Completed
Financials
Tags
restaurant chain
Restructuring
United States
Private
Acquisition
Domestic
Majority
Single Bidder
Restaurants and Bars
Friendly
Completed
Synopsis
Flynn Restaurant Group, the largest restaurant franchisee in the US, and Wendy’s International, a restaurant company, completed the acquisition of NPC International, the largest franchisee of both Pizza Hut and Wendy’s as well as the second largest restaurant franchisee overall in the US, for $801m. "Flynn Restaurant Group has built our business over the last twenty plus years by focusing on managing superior operations with great teams of people at premier restaurant concepts. The Pizza Hut and Wendy’s restaurants we have agreed to acquire from NPC align perfectly with this strategy, and we’re confident that our new team members will fit right in at Flynn Restaurant Group," Greg Flynn, Flynn Restaurant Group Founder, Chairman and CEO.
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