Checkers and Rally's has new ownership. The rapidly growing Tampa-based franchise recently announced a sale to Oak Hill Capital Partners for $525 million.

According to a recent article by the Tampa Bay Times, the brand changes hands while boasting more than 840 locations across the country and employing more than 1,200 in the Tampa Bay area alone.

"What we've done is focused on what's important to them — outstanding food that tastes really different and has a really differentiated flavor," Rick Silva, president and CEO of Checkers, told the Tampa Bay Times.

The deal will create more jobs in the Tampa Bay area, and the company is set to expand with nearly 70 locations expected to open for the franchise in 2017.

You can view the entire article here.

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Brian Jaeger

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Brian Jaeger

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Brian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications. He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.