Checkers® & Rally'S® Franchisee Falcons Burger Acquires 30 Rally'S Restaurants, Becomes Largest Brand Franchisee In The Company
Mar 24, 2022•over 3 years ago
Acquiring Company
CheckersFranchisee Falcons Burger
Acquired Company
Checkers Drive-In Restaurants
Description
Checkers & Rally's, an iconic and innovative drive-thru restaurant chain known for bold and flavorful food at an exceptional value and its people-first attitude, today announced that franchisee Falcons Burger has purchased 30 Rally's restaurants from longtime, fellow franchisee Joe Hertzman following his decision to retire. The acquisition of units in the Kentucky and Indiana markets makes Falcons Burger the largest franchisee with Checkers & Rally's with a total of 57 restaurants across several states. Moreover, Falcons Burger is continuing to grow through new restaurant construction.
M&A Insights
Based on deal dataIntegration timeline
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Tech stack consolidation
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Post-acquisition investment
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