(September 6, 2019) – Multi-concept franchisee WKS Restaurant Group has purchased 94 Denny’s locations and two support centers, making it the largest franchisee of the Spartanburg, S.C.-based family-dining chain, the franchisee announced Monday. WKS bought the properties from their previous owner, QK Holdings, LLC, which until the deal had been Denny’s largest franchisee. Terms of…
PHOENIX, AZ ( 4 September 2013) Cave Creek Capital Management is pleased to announce its investment in QK Holdings LLC, the largest Denny’s franchisee in the United States. QK operates 84 Denny’s and DelTaco restaurants in Arizona, Colorado, New Mexico, Oregon, Texas and Utah generating over $100 million in annual revenues. Doug Koch, President of…
Management Buyout Results in Team Owning Majority Stake Overview VMC purchased from Aeroflex, Inc., was a leader in providing vibration isolation and seismic control solutions to the industrial, military and construction markets Purchased for $8.6 million in 2005 by Management and CCCM Management maintained control of Board and majority ownership with a $1 million investment…
Leveraging Technology to Expand Into New Markets Overview Company founded in 1961 and profitable every year Proprietary products drove strong customer relationships and recurring revenues Founder limited growth to a lifestyle business resulting in low penetration of a large potential market (100+ U.S. pulp mills and untapped mining market) Attractive EBITDA margins Management buyout completed…
Culture of Excellence Drives Billion Dollar Exit Overview Founded as an executive recruiter, in the late 1980’s Developed the “Hire, Train, Retain” outsourced human resources model Purchased several companies in targeted areas; multiplied the sales post-acquisition by cross-selling to Fortune 500 customer base Rapid growth attracted national attention, including membership in the INC 500 and…
Recapitalization lets Liberty’s founder take money off the table, share equity with the management team, and build a balance sheet for growth. OVERVIEW Liberty pioneered the direct-to-store distribution of confections and snacks to the check out aisle for non-food retailers in 1998 Company had achieved sales of over $40 million by 2007 Founder desired liquidity…
Mark Harshbarger, former CFO and COO of Philosophy, talks to us about his experience helping build one of the most successful cosmetic companies in the USA K: Mark, thanks for coming in. M: You’re welcome! K: For the benefit of our CEOs, we want to showcase the success that you’ve had with Philosophy and talk…
Accelerates Social Business for Workforce Transformation ARMONK, N.Y. – 4 December 2012 . . . IBM (NYSE: IBM) today announced the closing of its acquisition of Kenexa. Kenexa bolsters IBM’s leadership in helping clients embrace social business capabilities while gaining actionable insights from the enormous streams of information generated from social networks every day. The net…
You may have been wondering about Private Equity. But is it right for your company? When should I look for Private Equity? If your company is at a turning point, chances are you should be looking into Private Equity. Often it’s because you are growing faster than the bank can fund, a new acquisition…
(Chandler, AZ) In June 2012, Liberty Distribution completed its sale to Vistar, a division of Performance Food Group. Founded in 1998 by Jim Schweikert, Liberty Distribution grew to become the leading snack food distributor to non-food retailers. G. Kevin Fechtmeyer, Managing Partner of Cave Creek Capital, noted, “This was a tremendously successful investment due to…