Capital Spring

This is from the weekly restaurant finance newsletter The Bottom Line.

Erik Herrmann discusses when franchise brands should seek strategic capital

Chris Cheek , chief development officer of Newk’s Eatery , is helping guide the brand’s next stage of franchise growth as the company sharpens its development strategy around unit-level performance.

Alloy Personal Training has secured a growth investment from CapitalSpring as the boutique personal training brand looks to expand its national footprint.

The investment further validates Alloy’s differentiated business model, strong unit-level economics, and people-first culture.

Alloy Personal Training, a leader in science-based, personalized fitness training, has announced a strategic investment from CapitalSpring, a leading sector-specialist investment firm specializing in franchises and other multi-location businesses.

When Bushfire Kitchen set out to bring globally inspired, high-quality meals to Southern California diners at an accessible price point, the vision was rooted in family and passion.

When Prime Pizza LA opened its first shop on Fairfax in 2014, the goal wasn’t simply to make pizza.

Through a strategic partnership with CapitalSpring , the fast casual franchise concept Café Yumm!

For nearly four decades, The Works Bakery Café has served as a community-driven, Northeast-based legacy brand — but Founder and CEO Richard French knew longevity alone wasn’t enough.

Erik Herrmann discusses key qualities of strong franchise investment partners.

Primetime Fitness, a major franchisee of Crunch Fitness, expands its presence in the Midwest with four new gyms in Michigan and Ohio.

FSC Franchise Co. named John Massari as its new Chief Financial Officer, bringing nearly three decades of experience in the franchise industry.

CapitalSpring closes over $505 million for its seventh flagship investment fund, targeting $1 billion in total commitments for the fund.

Once early success starts to take shape in building a restaurant company, founders often face a new question: should I take on an investor and what should I expect?

Primetime Fitness , a CapitalSpring -backed Crunch Fitness operator, has rapidly grown into one of the largest players in the Crunch system.

Primetime Fitness acquires 13 Crunch gyms in NY and NJ

Richard Fitzgerald, co-founder of CapitalSpring, discusses the firm's 20-year history of franchise investing and its focus on supporting entrepreneurs and multi-unit businesses.

CapitalSpring, a leading investment firm focused on multi-location consumer businesses, has announced a majority investment in the second largest Mister Sparky franchisee in the country.

Sizzling Platter, a US restaurant franchisee, was acquired by Bain Capital in a deal reportedly worth over $1 billion, with 460+ Little Caesars locations.

CapitalSpring targets brands with 15% or higher store-level margins and 20% or higher ROI in the evolving restaurant investment landscape.

JACKSON, Miss., July 2, 2025 /PRNewswire-PRWeb/ -- Newk's Eatery has announced the return of Chris Cheek as chief development officer.

CapitalSpring has acquired Coast Sign LLC, a manufacturer and service provider of exterior signage, to support multi-location growth in the franchise and multi-brand space.

Crunch Fitness franchisee Primetime Fitness is ramping up expansion across Ohio and Michigan, adding four new gyms through a combination of acquisitions and new unit development, bringing its total footprint to 23 locations nationwide.