Announcements

The Cynosure Group & Nonami Investments Back GPS Hospitality in Acquiring 194 Burger Kings

January 3rd 2017

When a franchise operator announces 200% growth through a single deal, it’s generally a second location. At GPS Hospitality, it means nearly 200 additional restaurants.

The Atlanta-based company announced a deal to purchase 194 Burger King restaurants from California-based turnaround artists Strategic Restaurants Acquisition Corp. (SRAC) Holdings. The deal has GPS expanding across Alabama, Arkansas, Florida, Louisiana and Mississippi and puts the company at 424 Burger King locations and seven Popeye’s locations.

Read more about this transaction here.

The content reflected here is for informational purposes only and does not constitute investment advice, a recommendation, or an offer of solicitation. The reader should not assume that any investment referenced herein was or will be profitable.

Return to News Listing

More Cynosure News

Announcements

The Cynosure Group Invests in Brand Bank

Announcements

The Cynosure Group Invests in Savant Capital Management

Cynosure
Salt Lake City
(801) 521-3100
111 S. Main Street, Suite 2350
Salt Lake City, UT 84111
New York City
(801) 521-3100
888 7th Ave, Suite 2306
New York, NY 10106
The Cynosure Group, LLC is an SEC-registered investment adviser engaged in providing private investment advisory and wealth management services, as well as providing investment advice with regard to private equity and other alternative investments. Registration with the SEC does not imply a certain level of skill or training.  A detailed description of The Cynosure Group is available in its Form ADV Part 1, Part 2A firm brochure, and Form CRS, which may be found at www.adviserinfo.sec.gov. Cynosure Partners is a part of The Cynosure Group, LLC (herein collectively referred to as “Cynosure”).  This does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations.  To the extent that the reader has any questions regarding the applicability of any specific issue discussed above to their specific portfolio or situation, prospective investors are encouraged to contact Cynosure or consult with the professional advisor of their choosing.