The Cynosure Group & Nonami Investments Back GPS Hospitality in Acquiring 194 Burger Kings

When a franchise operator announces 200% growth through a single deal, it’s generally a second location. At GPS Hospitality, it means nearly 200 additional restaurants.

The Atlanta-based company announced a deal to purchase 194 Burger King restaurants from California-based turnaround artists Strategic Restaurants Acquisition Corp. (SRAC) Holdings. The deal has GPS expanding across Alabama, Arkansas, Florida, Louisiana and Mississippi and puts the company at 424 Burger King locations and seven Popeye’s locations.

Read more about this transaction here.

The content reflected here is for informational purposes only and does not constitute investment advice, a recommendation, or an offer of solicitation. The reader should not assume that any investment referenced herein was or will be profitable.