US EditionRelease - Twin Hospitality Group to Acquire Eight Twin Peaks Franchise Locations in Florida - Channelchek
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Twin Peaks Parent Company Snaps Up Eight Florida Franchise Locations
Twin Hospitality Group is making a massive $47 million move to acquire eight top-performing Twin Peaks franchise locations across key areas in Florida, including Davie, Naples, and Fort Myers. The post Twin Peaks Parent Company Snaps Up Eight Florida Franchise Locations first appeared on Restaurant Magazine.
RestaurantNews.com
Twin Hospitality Group to Acquire Eight Twin Peaks Franchise Locations in Florida
Strategic Acquisition Expected to Strengthen Balance Sheet Through Enhanced EBITDA Generation Dallas, TX (RestaurantNews.com) Twin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Twin Peaks and Smokey Bones, today announced it has entered into a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida from DMD Ventures, LLC for approximately $47 million in cash. The strategic transaction …
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