Goldco, LLC has acquired Fast Food Enterprises #2, LLP
Goldco, LLC, one of the largest Burger King franchisees in the United States and a portfolio company of PNC Riverarch Capital, has acquired 14 restaurants from Fast Food Enterprises #2, LLP, a franchise of the Burger King Corporation, for an undisclosed consideration.
Goldco, founded in 1980, is based in Dothan, Alabama and now operates 110 Burger King restaurants in Florida, Alabama and Georgia.
PNC Riverarch Capital is a middle-market private equity firm which invests in privately held companies headquartered in North America.
Goldco's management saw considerable opportunities to improve performance at under-performing stores in an otherwise attractive market. Private equity owner continues to wish to pursue a consolidation strategy within the BK franchise system.
One of Oaklins' teams in the USA served as the exclusive financial advisor to Goldco, LLC. The team's deep industry expertise in the restaurant sector enabled Goldco to conduct a comprehensive market survey before executing on the first of what is anticipated to be several acquisitions.
Talk to the deal team
James S. Grien
Oaklins TM Capital
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn morePesquera Exalmar has acquired Pesquera Centinela
Pesquera Exalmar has acquired Pesquera Centinela from Grupo Romero.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn more