--- title: "Buffalo Wild Wings Franchisee Sells To Private Equity" url: https://burnaze.com/article/84fb67c6-5f84-4362-b061-928c1cf08874 source: "Franchising.com" original_url: https://www.franchising.com/articles/buffalo_wild_wings_franchisee_sells_to_private_equity.html author: "Multi-Unit Franchisee" category: "Casual dining" industry: "Restaurants" segment: "Casual dining" topics: ["Finance & M&A"] published: 2019-11-14T09:00:00.000Z modified: 2026-11-01T02:08:40.032Z image: https://imgs.franchising.com/art/articles/4948_plate.jpg --- # Buffalo Wild Wings Franchisee Sells To Private Equity **TL;DR:** Diversified Restaurant Holdings, a Buffalo Wild Wings franchisee, is being acquired by private equity firm ICV Partners for $130 million. The deal is expected to be completed by early next year. *By Multi-Unit Franchisee, originally published in Franchising.com on 2019-11-14. [Read the original](https://www.franchising.com/articles/buffalo_wild_wings_franchisee_sells_to_private_equity.html).* ## Story One of Buffalo Wild Wings' largest franchisees is being acquired by a private equity firm in a deal valued at $130 million. Diversified Restaurant Holdings has 64 Buffalo Wild Wings units spread across five states. The all-cash deal has been structured as a merger with private equity firm ICV Partners and is expected to be completed no later than early next year. "This transaction validates the strength of our franchise, creates a strong future for our employees, and provides a significant platform from which ICV can continue to build, while also rewarding our stockholders for their commitment," said Michael Ansley, founder of DRH, executive chairman and acting CEO. Buffalo Wild Wings is a part of Inspire Brands, the parent of Arby's, Sonic, and Jimmy John's. - Get Started in Franchising - Franchise Rankings & Awards - Franchise Sales & Development - Featured Franchise Stories Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media. 1201 New York Avenue NW, Suite 300A Washington, DC 20005 PH. (408) 402-5681 - Franchisee Financing & Lending - Site Selection & Real Estate - Supply Chain & Procurement - Annual Franchise Development Report - Multi-Unit Franchising Conference - Franchise Growth & Marketing Conference - Franchise Leadership & Development Conference - Multi-Unit Franchisee Magazine - Franchise Update Magazine - Franchise Update Franchisor Report - Franchising Express Report - International Franchise Report - Multi-Unit Franchisee Report The multi-unit franchise opportunities listed above are not related to or endorsed by Multi-Unit Franchisee or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. ## Entities - Franchising.com (publication) - Restaurants (sector) - private equity (topic) - Multi-Unit Franchisee (person) - Inspire Brands (company) - Buffalo Wild Wings (company) - franchise sale (topic) - merger (topic) --- Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/buffalo_wild_wings_franchisee_sells_to_private_equity.html). Summarized by Burnaze (https://burnaze.com/article/84fb67c6-5f84-4362-b061-928c1cf08874).