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<a href="https://www.fatbrands.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Fat Brands Inc.</a> announced <a href="https://ir.fatbrands.com/press-releases/press-release-details/2021/FAT-Brands-Inc.-Agrees-to-Acquire-Global-Franchise-Group-for-442.5-million/default.aspx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">today</a> that it plans to acquire <a href="https://www.globalfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Global Franchise Group</a> (GFG) from Serruya Private Equity, Inc. and Lion Capital LLP for $442.5 million at the end of July. This sale marks the largest restaurant acquisition of the year and includes GFG’s five quick service restaurant brands: <a href="https://roundtablepizzafranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Round Table Pizza®</a>, <a href="https://www.greatamericancookiesfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Great American Cookies®</a>, <a href="https://www.hotdogonastickfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Hot Dog on a Stick®</a>, <a href="https://www.marbleslabfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Marble Slab Creamery®</a> and <a href="https://www.pretzelmakerfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Pretzelmaker®</a>.&nbsp;The <a href="https://www.businesswire.com/news/home/20210604005324/en/Global-Quick-Service-Restaurant-QSR-Market-Report-2021-Analysis-By-Service-Type-Eat-in-Take-Away-Home-Delivery-Business-Model-Cuisine-Type-with-Impact-of-Covid-19-2021-2026---ResearchAndMarkets.com?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">quick service restaurant industry</a> had a very strong 2020 compared to other restaurant concepts and has since recovered quickly, making GFG’s portfolio of brand name concepts an attractive sale opportunity. With this acquisition, Fat Brands Inc. will now have more than 2,000 franchised and company-owned restaurants worldwide with a total of $1.4 billion in system wide annual sales.“This acquisition is a key strategic milestone for FAT Brands,” said <a href="https://www.linkedin.com/in/andy-wiederhorn?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Andy Wiederhorn</a>, president and CEO of Fat Brands Inc., in the company’s press release. “Now that the economy is emerging from COVID-19 and restaurants are rapidly recovering, we are pleased to have reached this agreement to incorporate a powerhouse restaurant franchising group with the support of Serruya Private Equity and Lion Capital. The five new restaurant concepts have been very resilient coming out of the pandemic and will complement our existing brands. Furthermore, we will acquire GFG’s manufacturing operations, which will provide greater efficiencies and incremental revenue opportunities to our company.”According to the press release, Fat Brands Inc. is acquiring GFG in cash and stock, and the deal is expected to close by the end of July.<a href="https://ir.fatbrands.com/press-releases/press-release-details/2021/FAT-Brands-Inc.-Agrees-to-Acquire-Global-Franchise-Group-for-442.5-million/default.aspx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074" target="_blank" rel="nofollow">Read the full press release here.</a>

Fat Brands Inc. Grows Even Larger With Acquisition of Global Franchise Group

1851 Franchise

For $442.5 million, the global franchise company is purchasing five leading quick service restaurant franchise concepts, expanding to 2,000 restaurants worldwide.

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Seniors Helping Seniors®

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Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

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BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

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Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

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Melting Pot

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Melting Pot Celebrates 50 Years of Fondue Magic With a Year of Special Menus, New Offerings and Unforgettable Moments

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Filta Environmental Kitchen Solutions

Kathy Turner: The Filta Franchisee Keeping LA's Kitchens Cooking (and Green)

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Fat Brands Inc. Grows Even Larger With Acquisition of Global Franchise Group

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