WKS Restaurant Group buys 94 Denny’s restaurants from QK Holdings

(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…

VMC Case Study

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…

Bastech Case Study

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…

Kenexa Case Study

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…

Liberty Distribution Case Study

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…

An Executive’s Perspective on Private Equity

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…

Kenexa Acquired by IBM for $1.3 Billion

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…

7 Questions Every CEO Should Ask

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…