---
title: "QSR: Checkers & Rally's Elaborates on Recent Aquisition"
url: https://burnaze.com/article/f39b03f6-8795-4c50-9af4-0b5f2c4aaa64
source: "1851 Franchise"
original_url: https://1851franchise.com/qsr-checkers-rallys-elaborates-on-recent-aquisition-12014
category: "Burger"
industry: "Restaurants"
segment: "Burger"
published: 2017-04-28T22:17:02.000Z
modified: 2026-11-01T04:11:14.515Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/fcf3d94332e173ccad5c8cf8e44d794a8873.jpg
---

# QSR: Checkers & Rally's Elaborates on Recent Aquisition

**TL;DR:** Checkers & Rally's was acquired by Oak Hill Capital Partners for $525 million in March 2017. The acquisition is part of a flurry of QSR acquisitions, including deals involving Burger King, Popeyes, and Jimmy John's.

*originally published in 1851 Franchise on 2017-04-28. [Read the original](https://1851franchise.com/qsr-checkers-rallys-elaborates-on-recent-aquisition-12014).*

## Story

The quick service franchise restaurant industry is booming, and that has led to a flurry of acquisitions including Tampa-based Checkers & Rally's which was acquired by acquired by Oak Hill Capital Partners for around $525 million at the end of March.

According to a recent article in QSR Magazine, this comes as deals involving Burger King, Popeyes, Jimmy John's, CiCi's Pizza, and Wetzel's Pretzels have been completed in the first part of 2017.

“Investors are looking for a strong track record. I think they’re also looking or a strong and stable management team and they’re also looking for exciting growth ahead,” Rick Silva, President and CEO of Checkers Drive-In Restaurants, Inc., told QSR Magazine. “At Checkers and Rally’s, they found all three of them.”

Checkers is coming off of six consecutive years of system-wide same-store sales growth and according to a study by Buxton, the brand has room for 3,000 units in the 29 states and the District of Columbia where they already have a presence - with even more opportunity in untapped markets.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- restaurant industry (topic)
- Burger King (company)
- Popeyes (company)
- Checkers (company)
- Jimmy John's (company)
- Wetzel's Pretzels (company)
- Cicis Pizza (company)
- Oak Hill Capital Partners (investor)
- Oak Hill Capital Partners acquisition of Checkers (deal)
- quick service franchise (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/qsr-checkers-rallys-elaborates-on-recent-aquisition-12014). Summarized by Burnaze (https://burnaze.com/article/f39b03f6-8795-4c50-9af4-0b5f2c4aaa64).