At what enterprise value was GLOBAL FRANCHISE GROUP acquired in 2021?

During the acquisition of GLOBAL FRANCHISE GROUP by FAT BRANDS in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GLOBAL FRANCHISE GROUP when it was acquired by FAT BRANDS?

The estimated EV/EBITDA multiple for GLOBAL FRANCHISE GROUP is in the range of 15x - 25x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was GLOBAL FRANCHISE GROUP acquired by FAT BRANDS?

GLOBAL FRANCHISE GROUP was acquired by FAT BRANDS in 2021.

What was the revenue of GLOBAL FRANCHISE GROUP at the time of the deal?

The revenue of GLOBAL FRANCHISE GROUP at the time of the deal is estimated to be in the range of 100M - 200M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of GLOBAL FRANCHISE GROUP during the acquisition?

GLOBAL FRANCHISE GROUP's EBITDA is estimated to be in the range of 25M - 50M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the GLOBAL FRANCHISE GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GLOBAL FRANCHISE GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://ir.fatbrands.com/news/news-details/2021/FAT-Brands-Completes-Acquisition-of-Global-Franchise-Group/default.aspx

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Home Database Retail & ConsumerGLOBAL FRANCHISE GROUP

07/2021

GLOBAL FRANCHISE GROUP acquired by FAT BRANDS

UNITED STATES Hospitality & Leisure / Hospitality / Restaurants / Chains EV 500M - 1.5b USD

Context

FAT Brands Inc. completed its largest-ever acquisition by purchasing Global Franchise Group from Serruya Private Equity and Lion Capital. The deal added Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery, and Pretzelmaker plus Atlanta manufacturing, doubling FAT's portfolio to 2,000+ units with $1.4 billion system-wide sales. Rationale emphasized diversification into pizza/desserts/snacks complementing FAT's burgers/chicken, leveraging GFG's resilience and synergies for $40 million EBITDA uplift to $55-60 million annually. Transaction exemplified aggressive consolidation in fragmented QSR franchising, where public operators like FAT deploy creative financing for accretive platforms amid recovery.

It is worth noting that the company had completed several external growth operations, including Round Table Pizza (2017), before an LBO led by Serruya Private Equity / Lion Capital in 2018.

GLOBAL FRANCHISE GROUP, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Retail & Consumer market trends

Target

Global Franchise Group is a strategic brand management company headquartered in Atlanta, Georgia, United States, that franchises and operates five quick-service restaurant concepts: Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery, and Pretzelmaker. The company supports more than 1,400 franchised and corporate stores across 16 countries. Round Table Pizza specializes in dine-in pizza with California-style crusts and fresh ingredients. Great American Cookies offers gourmet cookies, cookie cakes, and cinnamon rolls. Hot Dog on a Stick features corn dogs and hand-stamped lemonade. Marble Slab Creamery provides premium ice cream mixed on frozen marble slabs with mix-ins. Pretzelmaker serves fresh-baked pretzels and gourmet dips.

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Other operations with GLOBAL FRANCHISE GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
12/2018	SERRUYA PRIVATE EQUITY / LION CAPITAL	GLOBAL FRANCHISE GROUP	UNITED STATES	Hospitality & Leisure	Serruya Private Equity partnered with Lion Capital to acquire Global Franchise Group from Levine Leichtman Capital Partners, gaining control of the multi-brand QSR franchisor operating Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery, and Pretzelmaker across 1,400+ locations in 16 countries
09/2017	GLOBAL FRANCHISE GROUP	ROUND TABLE PIZZA	UNITED STATES	Hospitality & Leisure	Global Franchise Group acquired Round Table Pizza including Round Table Clubhouse and Wings Brew concepts, boosting system-wide sales to nearly $1 billion across 1,500+ stores. The deal integrated 440 U.S...

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 100M - 200M USD

EBITDA range: 25M - 50M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GLOBAL FRANCHISE GROUP by FAT BRANDS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: global franchise group

Acquirer: fat brands