Current
Flynn Restaurant Group
Private Equity Manager (GP)
Main Post Partners
Details
Region
USA
Sector
Consumer
Stage
Large/mega buyout
Type
Co-investment
Vintage
2019
About
the company
Flynn Restaurant Group (“FRG”) is the largest franchise operator and one of the 20 largest food service companies in the USA. Its wholly-owned brands include Taco Bell, Panera Bread, Arby’s and Applebee’s restaurants.
Investment
rationale
- FRG has c.2,355 stores in the USA that generate c.US$3.7bn in annual revenues and employ c.73,000 people. In 2021, FRG was a part of the largest franchise transaction in American history when it purchased 937 Pizza Hut restaurants and 194 Wendy’s stores for c.US$553m.
- PIN was offered an opportunity to invest alongside Main Post, a sector-focused sponsor with a strong investment track record.
