---
title: "Tampa Bay Times: Checkers & Rally's Elaborates on Oak Hill Capital Partner Sale"
url: https://burnaze.com/article/c82df124-367a-41ed-9da6-2d7f0cddae8a
source: "1851 Franchise"
original_url: https://1851franchise.com/tampa-bay-times-checkers-rallys-elaborates-on-oak-hill-capital-partner-sale-11403
category: "Burger"
industry: "Restaurants"
segment: "Burger"
published: 2017-03-29T13:08:54.000Z
modified: 2026-11-01T04:10:23.148Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/26a10dfd6601e2fed79c5cba91e504d3316.jpg
---

# Tampa Bay Times: Checkers & Rally's Elaborates on Oak Hill Capital Partner Sale

**TL;DR:** Checkers and Rally's has been sold to Oak Hill Capital Partners for $525 million. The brand has over 840 locations across the country and employs over 1,200 people in the Tampa Bay area.

*originally published in 1851 Franchise on 2017-03-29. [Read the original](https://1851franchise.com/tampa-bay-times-checkers-rallys-elaborates-on-oak-hill-capital-partner-sale-11403).*

## Story

Checkers and Rally's has new ownership. The rapidly growing Tampa-based franchise recently announced a sale to Oak Hill Capital Partners for $525 million.

According to a recent article by the Tampa Bay Times, the brand changes hands while boasting more than 840 locations across the country and employing more than 1,200 in the Tampa Bay area alone.

"What we've done is focused on what's important to them — outstanding food that tastes really different and has a really differentiated flavor," Rick Silva, president and CEO of Checkers, told the Tampa Bay Times.

The deal will create more jobs in the Tampa Bay area, and the company is set to expand with nearly 70 locations expected to open for the franchise in 2017.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- location expansion (topic)
- private equity (topic)
- Checkers (company)
- Rally's (company)
- brand sale (topic)
- Oak Hill Capital Partners (investor)
- Tampa Bay Area (location)
- Oak Hill Capital Partners acquisition of Checkers (deal)

---
Originally reported by 1851 Franchise (https://1851franchise.com/tampa-bay-times-checkers-rallys-elaborates-on-oak-hill-capital-partner-sale-11403). Summarized by Burnaze (https://burnaze.com/article/c82df124-367a-41ed-9da6-2d7f0cddae8a).