August 24, 2019
Franchise News Watch

Your Franchise Mergers & Acquisition News Source

Franchise News Watch brings you the latest in franchising mergers & acquisition news from around the web. As a news aggregator for the franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.

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Franchise Mergers & Acquisition News

Valvoline to Acquire Assets of Minit Lube in Alberta, Canada

Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services, today announced that it has signed a definitive agreement to acquire certain business assets of Minit Lube in Alberta, Canada.

1-800-FLOWERS.COM, Inc. Completes Its Purchase Of The Shari’s Berries® Brand

1-800-FLOWERS.COM, Inc. (the “Company”) (NASDAQ: FLWS), a leading provider of gifts designed to help customers express, connect and celebrate, today announced that it has completed its purchase of the Shari’s Berries brand.

The Vitamin Shoppe® to be Acquired by Liberty Tax

Liberty Tax, Inc. today announced that they have entered into a definitive agreement under which Liberty Tax will acquire The Vitamin Shoppe in an all cash transaction valued at approximately $208 million.

Snap-on Acquires Cognitran Limited

Snap-on Incorporated (NYSE: SNA today announced that it has acquired Cognitran Limited (“Cognitran”) for approximately $31 million in cash.

1-800-FLOWERS.COM, Inc. To Acquire Shari’s Berries® Brand

1-800-FLOWERS.COM, Inc. reported that it was the successful bidder at the auction held on July 31, 2019 for certain assets of the gourmet food business of the FTD Companies, Inc. (“FTD”), including the Shari’s Berries brand.

Look Good Brands, LLC Announces the Acquisition of Legends Boxing

Look Good Brands, LLC announces the acquisition of Salt Lake City based Legends Boxing in their on-going plan to bring beauty, health and fitness brands together.

RLH Corporation Adds Frederic F. (Jake) Brace to Board of Directors

RLH Corporation (NYSE:RLH) today announced the appointment of Frederic F. (Jake) Brace to the Company’s Board of Directors, effective immediately.

True REST Float Spa

True REST Float Spa Opens 34th Spa in Ocean Township, New Jersey

True REST Float Spa, the nation’s largest float spa brand with locations across the nation, recently finalized its acquisition of The Float Studio in Ocean Township, NJ.

Liberty Tax Announces a Series of Strategic Transactions

Liberty Tax, Inc. announced that it has entered into definitive documentation with affiliates of Vintage Capital Management, LLC.

Brinker International Enters Into A Letter Of Intent To Acquire 116 Franchised Chili's Restaurants

Brinker International, Inc. (NYSE: EAT), a leader in the casual dining industry, announced it has executed a letter of intent to acquire 116 Chili's® Grill & Bar restaurants from its 14-year franchisee, ERJ Dining.

Automotive Leader JM Family Enterprises Diversifies with Acquisition of Home Franchise Concepts

JM Family Enterprises, Inc has acquired Home Franchise Concepts (HFC), the parent of the Budget Blinds®, Tailored Living®, Concrete Craft® and AdvantaClean® brands.

Valvoline Announces Opening of Two Acquired Franchised Quick-Lube Centers in Greater Philadelphia Area

Valvoline Inc. announced today its franchisee, Galena Companies, has acquired two quick-lube locations in the Philadelphia metro area that are now operating as Valvoline Instant Oil ChangeSM (VIOC) service centers.

Roto-Rooter Buys Oakland, California Franchise

Roto-Rooter Services Company announced it has acquired the formerly independent Roto-Rooter franchise serving Alameda County and portions of southwestern San Joaquin County, California.

H&R Block Completes Acquisition of Wave Financial

H&R Block, Inc. (NYSE: HRB) today announced that it has completed its previously announced acquisition of Wave HQ Inc. (formerly known as Wave Financial Inc., “Wave”).

QSR Group Holdings Joins Church's Chicken® As Newest Franchisee, Acquires 45 U.S. Restaurants

Florida-based QSR Group Holdings, LLC ("QSR") recently closed an acquisition of 45 existing Church's Chicken® restaurants previously operated by Falcon Holdings, LLC and its affiliates.

Driven Brands Announces Acquisition of Advance Kwik Lube

Take 5 Oil Change announced its acquisition of Advance Kwik Lube, a chain of quick lube and automotive service centers with 25 total locations in Dallas/Fort Worth, Midland-Odessa, Amarillo and Lubbock, Texas.

Better Homes and Gardens Real Estate Maturo Realty Group Expands Scope in Southern New Jersey with the Acquisition of Smithville All Pro, Realtors®

Better Homes and Gardens Real Estate Maturo Realty Group announced today the acquisition of Smithville All Pro, Realtors®.

AlphaGraphics, Inc. Affiliate Acquires Australian Based Company Print Speak

AlphaGraphics, Inc., an MBE Worldwide company, announced today the acquisition of Print Speak by its parent company, U.S. Business Holdings, Inc.

Xpressdocs Acquires Amazing Mail, Expands Direct Mail API Capabilities

Xpressdocs Partners, Ltd, a Texas based provider of tech-enabled direct marketing and brand management solutions announced the acquisition of Amazingmail, an Arizona based provider of direct mail solutions.

H&R Block Enters into Agreement to Acquire Wave Financial, a Small Business Financial Solutions Platform

H&R Block, Inc. (NYSE: HRB) today announced that it entered into a definitive agreement to acquire Wave Financial Inc. (“Wave”).

La Quinta by Wyndham Shows Strong Development Momentum One Year after Acquisition

La Quinta by Wyndham today announcing plans to introduce its upper-midscale flag to the Caribbean for the first time while welcoming an additional nine new hotels to its growing U.S. portfolio.

Better Homes and Gardens Real Estate Fuels Continued Strategic Growth of BHGRE Haven Properties in Central California

Better Homes and Gardens Real Estate announced today it has empowered another strategic acquisition for a valued member of its network, Better Homes and Gardens Real Estate Haven Properties.

MTY Food Group Inc. Successfully Completes Acquisition of Papa Murphy’s Holdings, Inc.

MTY Food Group Inc. (“MTY”) (TSX:MTY) is pleased to announce that it has completed the acquisition of Papa Murphy’s Holdings, Inc.

Hyatt Announces New Lifestyle Division Following its Fall 2018 Acquisition of Two Roads Hospitality Brands

Hyatt Hotels Corporation announced the organization of a new, dedicated lifestyle division, which brings together Hyatt’s and former Two Roads Hospitality’s lifestyle brands.

Trivest Partners Signs Deal with Massage Envy to Acquire and Build 75 Franchise Locations

Trivest Partners and Massage Envy, the leading provider of therapeutic massage and skin care services across its franchise network, are pleased to announce a new multi-unit agreement.

AlphaGraphics, Inc. Invests in Colorado Franchisee with Three Denver Area AlphaGraphics Locations

AlphaGraphics, Inc. - a worldwide print and marketing franchise - announced today that it has acquired a majority interest in one of its franchisees, Wet Ink Corporation, which operates three centers located in the Greater Denver Metro area.

Engel & Völkers Announces Purchase of California Master Franchise

Engel & Völkers Americas today announced it has acquired the brand’s California master franchise rights, inclusive of 26 real estate shops and more than 500 advisors, from previous owner Mathias Bode.

Valvoline Announces Opening of Acquired Franchised Quick-Lube Center in Greater Chicago Area

Valvoline Inc. announced today its franchisee, Ivy Lane Corporation, has acquired a quick-lube location in LaGrange, Illinois that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center.

Valvoline Announces Opening of Acquired Company-Owned Quick-Lube Service Center in Greater Detroit

Valvoline Inc. announced today that is has acquired a quick lube location in the Detroit market that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center.

New Owner of Pirtek Center to Focus on Tucson’s Heavy Hydraulics Users

Ron Trombetti acquired the Pirtek Service & Supply Center in March.

OpenWorks Announces Bryan McMahon as New Chief Financial Officer

OpenWorks, a leading national commercial cleaning and facility services franchise, welcomes finance industry veteran, Bryan McMahon as its new Chief Financial Officer.

Tide Cleaners Celebrates Spring by Donating Proceeds to Dress for Success Phoenix

DELIA’s Cleaners, the largest dry cleaning operation in Arizona, has formally joined Tide® Cleaners.

MTY Food Group Inc. and Papa Murphy’s Holdings, Inc. Announce Definitive Merger Agreement

MTY Food Group Inc. and Papa Murphy’s Holdings, Inc. announced they have entered into a definitive merger agreement under which MTY would acquire all of the issued and outstanding shares of common stock of Papa Murphy’s.

Generation Next Franchise Brands, Inc. Acquires Print Mates™, Expanding Company’s Unattended Retail Portfolio

Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced today that it has reached terms to acquire the assets of Print Mates, LLC.

Snap-on Acquires Power Hawk Technologies, Inc.

Snap-on Incorporated announced that it has acquired Power Hawk Technologies, Inc. (“Power Hawk”).

BrightStar Care Continues Nationwide Expansion with Franchise Owner’s Acquisition of Harmony Home Care

BrightStar Care, the nation’s leading in-home care franchise, is igniting its growth strategy of targeting independent in-home care agencies that make viable candidates to convert to the BrightStar Care system.

Valvoline Announces Opening of Acquired Company-Owned Quick-Lube Center in Lansing, Michigan Area

Valvoline Inc. announced that is has acquired a quick lube location in Michigan that is now operating as Valvoline Instant Oil ChangeSM (VIOC) service center.

Valvoline Announces Opening of Acquired Franchised Quick-Lube Center in Wichita, Kansas

Valvoline Inc. has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in Wichita, Kansas.

Owner of Pirtek Altamonte Springs Acquires Pirtek Franchises in Tampa, Pinellas County

David Herbert, owner of Pirtek Altamonte Springs, has expanded his business in Florida with the acquisition of two more franchises: Pirtek Tampa and Pirtek Pinellas.

Valvoline Announces Opening of Acquired Franchised Quick-Lube Center in Fort Pierce, Florida

Valvoline Inc. announced today its franchisee, Metrolube Companies, has acquired a quick-lube location that is now operating as a Valvoline Instant Oil ChangeSM (VIOC) service center in Florida.

Launch Entertainment

Launch Acquires AirTime Trampoline & Game Park

Launch Trampoline Park - a leading family entertainment and action park franchise - announced today that it has acquired Michigan-based AirTime Trampoline & Game Park.

Valvoline Announces Opening of Two Acquired Company-Owned Quick-Lube Centers in Greater Houston

Valvoline Inc. announced that is has acquired two quick lube locations in the Houston area, that are now operating as Valvoline Instant Oil Change SM (VIOC) service centers.

Villa Restaurant Group Assumes Ownership of Melt Shop’s Woodbury Common Restaurant

Melt Shop announced that Villa Restaurant Group (VRG) has assumed ownership of its restaurant at Woodbury Common, a Simon Mall in Central Valley, New York.

Hamra Enterprises Announces the Acquisition of 13 Panera Bread bakery-cafes located in Arkansas, Tennessee and Mississippi

Hamra Enterprises, a franchisee of Panera Bread today announced it has acquired 13 Panera Bread cafés located in Memphis, Tennessee with stores also located in Jonesboro, Arkansas and Mississippi.

HomeSmart International Launches Franchise Acquisition Program

HomeSmart International announced it has launched a massive nationwide acquisition strategy across its corporate and franchise locations.

Valvoline Expands Company-Owned Quick-Lube Network into Las Vegas through Two Acquisitions

Valvoline Inc. announced today that it plans to expand its company-owned quick-lube network into the Las Vegas market beginning with two acquisitions.

Gap Inc. Acquires Janie and Jack, Expanding Brand Portfolio Into Premium Kids and Baby Apparel

Gap Inc. (NYSE: GPS) today announced it has purchased Janie and Jack, a leader in premium children’s fashion, from Gymboree Group Inc.

Local Heating And Cooling Company Joins National Brands

Locally-grown Outer Banks Heating & Cooling company seeks to boost business and the local economy by becoming a member of the One Hour Heating & Air Conditioning® brand.

Neighborly® Acquires Dream Doors

Neighborly®, the world's largest franchisor of home service brands, has announced the acquisition of Dream Doors, a premium kitchen makeover and bedroom wardrobe franchisor based in the United Kingdom.

Authority Brands Welcomes the Clockwork Brands into its Family

Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc.


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Features & Special Reports

Floyd’s 99 Barbershop’s Service Standard Is A Cut Above

Floyd’s 99 Barbershop is a brand that seeks feedback from its customers, recognizes and rewards employees, and utilizes a system that ensures standards are enforced. This results in loyal customers who keep coming back.

Making the Cut: Ex-MLB Pitcher Finds Success in Franchising

Former MLB pitcher Kyle Sleeth is throwing a perfect game with Floyd's 99 Barbershop.

Entering a Foreign Market – Resources To Help You Succeed

If you're a U.S. franchise brand looking to enter a foreign market, these resources are for you!

Multi-Brand Operators Open Their First of 7 Del Tacos In Atlanta

Multi-Brand Partners Are Bringing Del Taco To The Atlanta Market With An Agreement To Open 7 Locations.

Domino's, McDonald's, and KFC Air Brexit-Related Warnings on Supplies, Prices

U.S. firms operating in the U.K. warn of shortages and price hikes amidst Brexit uncertainty.

Dickey's Barbecue Pit Enters South America with a 100-Unit Deal in Brazil

Texas-style barbecue coming to Brazil in a 100-unit deal for Dickey's Barbecue Pit

Franchise Brands Continue Outperforming S&P 500 Index

Index Finds Franchise Brands Are Outperforming S&P Stocks 2 To 1.

Capital Options - Mezzanine Debt Lenders

Exploring The Features And Benefits Of Mezzanine Debt Lenders In Multi-Unit Operator Expansion.

Good News! - August 2019

Welcome to "Good News!" - our monthly roundup of franchise growth, finance, international expansion, regulation and legislation, technology, milestones, and other news about franchisors large, medium, and emerging.

Multi-Unit Franchisee Insight – Hiring, Firing, Training, & Retaining Employees

Multi-Unit Operators Talk About How They Hire, Fire, Train, & Retain Employees.

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