Generational Equity Announces the Acquisition of Ridge Runner Fast Foods dba Burger King by Carolina Quality LLC
DALLAS, May 12, 2015 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Ridge Runner Fast Foods dba Burger King, headquartered in Boone, North Carolina, by Carolina Quality LLC headquartered in Henderson, North Carolina. The acquisition closed on April 15, 2015.
Ridge Runner Fast Foods (RRFF) is a holding company for three Burger King (BK) franchises located in Boone, North Carolina, Mountain City, Tennessee and Elizabethton, Tennessee.
Managing Director Don Sawyer, Vice President Mark Breheny, and Affiliate Sam Sumner, led the Generational Equity deal team that advised RRFF on the transaction. Sam Sumner said, "Carolina Quality, LLC was the perfect buyer for RRFF. They have deep experience in the food service industry and especially Burger King Franchises."
Carolina Quality LLC and Alabama Quality are Burger King Franchises with 36 restaurants in North Carolina, Virginia, Alabama, Mississippi, Tennessee, and Louisiana.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
For more information:
Jessica Mead
972-232-1100
[email protected]
SOURCE Generational Equity
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