Finance & M&A — page 85

AlphaGraphics announced the hiring of Don Carpenter as its new senior retail network director for franchise development.

Paris Baguette awards 27 new franchises with over 4,000 units worldwide.

Domino's reports strong third quarter financial results, driven in part by franchise sales growth and U.S. franchise advertising.

Inflation cooled in September, with a 2.4% increase compared to the same time last year, the smallest increase since February 2021.

Thryv Holdings will host an Analyst Day on December 3, 2024, presenting to the investment community on the company’s business performance and outlook.

LAS VEGAS, NV — BooXkeeping , the innovative bookkeeping franchise renowned for delivering exceptional bookkeeping services to small and medium-sized businesses, is excited to announce the grand opening of its…

Erik Herrmann, a partner at CapitalSpring, has shared insights on navigating capital structures amid economic challenges, including flexible refinancing options and industry-specialized investors.

Value Investment Group strengthens its portfolio with the acquisition of GRC Consulting, a leading dirt hauling, excavation, and grading company based in Frederick, Colorado.

In dynamic business and real estate markets, HomeTeam Inspection Service, the 200-plus territory home inspection franchise, continues to see consistent, system-wide growth.

Although the financial terms of the deal were not disclosed, anonymous sources close to the matter told Bloomberg that the transaction values the company at roughly $500 million.

KeyGlee is a fast-growing real estate franchise that offers franchise opportunities, with 100+ locations across 45 metro markets in the US.

Mark Mele, chief development officer at Edible Brands, has nearly 40 years of experience in franchising and has developed a strategy to grow franchise brands by focusing on process and building a solid foundation.

Jersey Mike’s Subs raised $4.4 million for the Breast Cancer Research Foundation through a fundraising event at nearly 3,000 locations nationwide.

PostNet climbs spots on Franchise Times Top 400 list, ranking among largest franchise systems in the US by global systemwide sales.

Fitnessmith , a leading provider of fitness equipment sales and services, has announced the acquisition of Gym Source USA ‘s commercial equipment, preventive maintenance, and service divisions.

Ace Hardware ranked #5 on the Franchise Times Top 400 List for the third year in a row, with $23.3 billion in retail sales and a +0.6% increase from the prior year.

Bricks & Minifigs is a toy shop franchise with over 100 locations nationwide, offering a business model focused on LEGO sales and secondhand stores.

Fastest Labs franchise has 180+ locations and $310,318 average gross revenue.

Network In Action is a business networking franchise with over 100 locations, offering a structured platform for entrepreneurs to connect and grow their businesses.

Chick-fil-A is investing over $100 million to expand its presence in the U.K., aiming to open five restaurants in the first two years, with locations in Belfast, Leeds, Liverpool and London by early 2025.

Australian fitness tech company Evolt has raised $20 million for international growth initiatives as it mulls a potential IPO.

RAVE Restaurant Group reports $2.5 million net income for fiscal year 2024.

Tru by Hilton is a hotel brand in the mid-scale lodging market, with a streamlined and consistent experience for guests, and 293 locations in the U.S., Canada, Chile, Colombia, Mexico, and Brazil.

Private equity firm L Catterton has acquired a majority stake in Solidcore, the targeted strength training workout founded by serial fitness and wellness entrepreneur Anne Mahlum.