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Tampa-based franchise concept <a href="http://checkersfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=tampa-bay-business-journal-checkers-rallys-ceo-speaks-on-the-brands-new-ownership-11520" target="_blank" rel="nofollow" target="_blank">Checkers &amp; </a><a href="http://checkersfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=tampa-bay-business-journal-checkers-rallys-ceo-speaks-on-the-brands-new-ownership-11520" target="_blank" rel="nofollow" target="_blank">Rally&#39;s</a> has new ownership - to the tune of a $525 million deal with Oak Hill Capital Partners. According to a recent article in the Tampa Bay Business Journal, this comes after nearly a decade of leadership under president and CEO Rick Silva who engineered the brands&#39; turnaround with a focus on the importance of value, both to consumers and to franchisees.

&quot;So many hardworking Americans rely on fast food to get through their day,&quot; Silva told the Tampa Bay Business Journal. &quot;They&rsquo;ve gotta do it on $3 to $5 on average. It fits into their lives in important ways. We live in that world, and we really understand who those folks are.&quot;

On the franchisee side, the company has grown substantially. With a goal of reaching 1,200 locations by 2020, the brand is expanding through the value provided by their modular buildings.

&quot;I&#39;ve got a company that is growing so quickly that our infrastructure is straining,&quot; he told the TBBJ. &quot;We&#39;re hiring more people every day to help us help franchisees find great real estate and construct restaurants.&quot;

<a href="http://www.bizjournals.com/tampabay/news/2017/03/23/from-the-roadhouse-baconzilla-to-modular.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=tampa-bay-business-journal-checkers-rallys-ceo-speaks-on-the-brands-new-ownership-11520" target="_blank" rel="nofollow" target="_blank">Click here</a> to read the original article.

Tampa Bay Business Journal: Checkers & Rally's CEO Speaks on the Brand's New Ownership

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