Finance & M&A — page 64

Authority Brands appointed Josh Greear as its new chief financial officer, bringing over 25 years of experience in franchise leadership.

American Family Care named Michael Brister as its new chief marketing officer, responsible for enhancing brand presence and patient engagement.

Extraordinary Brands acquires CycleBar and Rumble from Xponential Fitness, expanding its portfolio of fitness brands and increasing its presence in the fitness industry, with a focus on delivering high-quality fitness experiences to its customers.

Re-Bath acquires one of its largest franchisee operations, bringing on board 'high-performing operations' in Phoenix, Charlotte, Asheville, and Greenville, North Carolina.

Phoenix Franchise Brands has acquired two service companies, Worried Bird Window Washing and Steel Coated Epoxy Floors, to expand its portfolio and capitalize on growing demand for exterior maintenance services.

Franchise Group emerged from Chapter 11 bankruptcy protection, restructuring its business and creating a new, streamlined company.

Nextaff, a staffing solutions franchise, has appointed John-Reed McDonald as its new vice president of franchise development.

Chris Turner has been named as the next CEO of Yum! Brands, effective October 1, succeeding current CEO David Gibbs, and will lead the company’s finance, corporate strategy, supply chain, franchise standards, and support functions.

The U.S. Small Business Administration launched a new SBA Franchise Directory, updated every other week with 566 new brands, bringing the total eligible brands to 2,566.

Burger King franchisee files for bankruptcy with $37 million debt.

360° Painting is a residential and commercial painting franchise offering interior and exterior services with a customer-first approach and standardized operations.

HomeTeam Inspection Service offers a range of ancillary services to homeowners

Mindbody Payments powers loyalty and revenue for fitness businesses with seamless transactions.

Franchises are hot commodities. According to the 2025 report from the International Franchise Association, the actual growth of franchises in 2024 outpaced estimates; this year, franchises are predicted to expand by an additional 2.4 percent.

Fitness Premier 24/7 Clubs provides a proven model for gym ownership, empowering franchisees to prioritize helping guests reach overall health and wellness goals.

Planet Fitness issues $750 million in Series 2025-1 Fixed Rate Senior Secured Notes with potential for up to $850 million in refinancing transaction.

Many multi-unit franchisees are constantly looking ahead to expand and open new locations.

Mortgage delinquency rates range from 3% to 24% depending on the city, with Laredo, Texas, having the highest rate at 24% as of Q2 2025.

Sparkle Squad franchisees can build steady revenue through window cleaning services

FAT Brands faces a financial crisis after its lenders declare its $1.3 billion debt load immediately due, putting the company at risk of bankruptcy.

Callaway sold a 60% stake in Topgolf to Leonard Green & Partners for $770 million, as part of a broader restructuring plan.

Window Gang is a home-based franchise specializing in exterior cleaning and restoration services, including window and pressure washing.

Kitchen Wise & Closet Wise offers home-based, mobile design and installation businesses specializing in custom organization solutions for kitchens, closets, and other residential spaces.

Zaxby's is a fast-casual restaurant chain specializing in fried chicken fingers, wings, sandwiches, and salads, with nearly 1,000 locations in the United States.