Announced
Completed
Financials
Tags
United States
franchise development
Management Consulting
Acquisition
Domestic
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Southfield Capital-backed Franchise FastLane, an accelerated turn-key franchise sales organization, completed the acquisition of Raintree Franchise Growth, a full-service franchise development organization that partners with emerging and growth-oriented franchises in the US and internationally. Financial terms were not disclosed. "In the effort to apply a comprehensive approach to the lifecycle of emerging franchise brands, this acquisition is an opportunity to help even more franchisors grow. We've always had deep respect for the Raintree team. Now that we're aligned, we will be in a position to deliver even more for both our brand and consultant partners through an unmatched messaging, marketing, and branding experience. In combining the strength and expertise found in each of our organizations, we're looking to provide innovative new services for franchise development and other franchisor-related services," Carey Gille, Franchise FastLane CEO.
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