Good News! - July 2019

It's hard keeping up with all of today's franchise news. That's why we provide this monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones. Here's your chance to follow the leaders, every third Tuesday of the month!

So if you're not doing it already, send us your good news here!

Leadership

5 Traits Shared by Effective Leaders

New Units/Growth/Expansion

Meritage Hospitality Group To Build 40 Wendy's Under Incentive Program

Qdoba Inks 20-Unit Deal for Greater Atlanta and Alabama

Phenix Salon Suites Signs 5 New Locations

Curio Collection by Hilton Adds 5 Hotels in Western U.S.

Financial, M&A, Private Equity

Del Frisco's Restaurant Group Acquired by L Catterton for $650 Million

Hooters Acquired by Nord Bay Capital and TriArtisan Capital Advisors

Home Franchise Concepts Acquired by JM Family Enterprises

Elevation Burgers Acquired by Fat Brands for $10 Million

H&R Block Completes Acquisition of Wave HQ

Performance Food Group Acquires Reinhart Foodservice in $2 Billion Deal

Brinker To Acquire 116 Chili's from 14-Year Franchisee ERJ Dining

Red Robin Turns Down Vintage Capital Request for Shareholder Meeting

Big Plans, Big Ideas, Big Picture

Papa John's To Invest $80 Million More in Financial Aid to Franchisees

Ideal Image MedSpa Announces New Leadership Team, Plans for Expansion

People, Awards, Milestones

Bruster's Celebrates 30 Years with National Festivities

Chick-fil-A Now Ranked Third-Largest U.S. Restaurant Chain

Texas Roadhouse Founder and CEO Kent Taylor Steps in as President