Finance & M&A — page 63

Finance & M&A across franchise brands: the deals, operators and trade-press stories Burnaze summarizes, each linked to the original.

6,290 stories

Franchise Equity Partners acquires IMO Car Wash

Franchise Equity Partners acquires IMO Car Wash

Franchise Equity Partners acquires IMO Car Wash from Driven Brands, expanding its portfolio to include 720 locations across the UK, Germany, and nine other European countries.

Wendy’s sees CEO transition

Wendy’s sees CEO transition

Wendy’s undergoes a transition at its top leadership position, with president and CEO Kirk Tanner departing to become president and CEO of The Hershey Company, and Ken Cook being appointed as interim CEO.

FEP pours heavy into 7 Brew coffee franchise

FEP pours heavy into 7 Brew coffee franchise

Franchise Equity Partners acquired a majority stake in 7 Crew, the second-largest owner of 7 Brew Drive-Thru Coffee, with plans to open over 200 new locations.

Authority Brands welcomes new CFO

Authority Brands welcomes new CFO

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

Extraordinary Brands acquires two brands from Xponential Fitness

Extraordinary Brands acquires two brands from Xponential Fitness

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.

Phoenix Franchise Brands acquires two service companies

Phoenix Franchise Brands acquires two service companies

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.

Nextaff makes franchise leadership move

Nextaff makes franchise leadership move

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

Yum! Brands names next CEO

Yum! Brands names next CEO

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.

What's Attracting Investors to Franchises?

What's Attracting Investors to Franchises?

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.