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	<description>The marketplace for buying and selling franchisors</description>
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		<title>Private equity acquisition of multiple-unit franchises: 8 likely negotiation points</title>
		<link>http://www.franchisorpipeline.com/private-equity-acquisition-of-multiple-unit-franchises-8-likely-negotiation-points/</link>
				<pubDate>Fri, 26 Apr 2019 00:46:21 +0000</pubDate>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4199</guid>
				<description><![CDATA[February 6, 2019 &#124; Posted by Bret Lowell Private equity firms have historically been interested in owning franchisors. Due to the limited number of franchisors, and the high multiples at which franchisors have been selling, PE firms are increasingly acquiring multiple-unit franchises by transfer from existing franchisees. Transfer provisions in franchise agreements usually require that a [&#8230;]]]></description>
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		<title>Papa Murphy&#8217;s Goes 2 MTY</title>
		<link>http://www.franchisorpipeline.com/papa-murphys-goes-2-mty/</link>
				<pubDate>Thu, 11 Apr 2019 22:34:56 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4193</guid>
				<description><![CDATA[MTY Food Group Inc. (“MTY”) (TSX:MTY) and Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (NASDAQ:FRSH) today announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which MTY would acquire all of the issued and outstanding shares of common stock of Papa Murphy’s for cash consideration of US$6.45 per share, representing total transaction [&#8230;]]]></description>
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		<title>Blackstone acquires Servpro</title>
		<link>http://www.franchisorpipeline.com/blackstone-acquires-servpro/</link>
				<pubDate>Tue, 26 Mar 2019 01:57:13 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4186</guid>
				<description><![CDATA[SERVPRO and Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have recapitalized SERVPRO, a leading franchisor of residential and commercial property damage restoration services. Blackstone is acquiring a majority stake in SERVPRO as part of Blackstone’s Core Private Equity strategy, which is designed to hold investments for longer periods of time [&#8230;]]]></description>
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		<title>Clockwork Goes 2 Authority Brands</title>
		<link>http://www.franchisorpipeline.com/clockwork-goes-2-authority-brands/</link>
				<pubDate>Thu, 21 Feb 2019 01:53:20 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4184</guid>
				<description><![CDATA[Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates (&#8220;Clockwork&#8221;) from Direct Energy Group, a subsidiary of Centrica plc. The transaction is expected to close in the first half of 2019. The acquisition is the third home [&#8230;]]]></description>
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		<title>Intelligent Office Sold 2 Incline</title>
		<link>http://www.franchisorpipeline.com/intelligent-office-sold-2-incline/</link>
				<pubDate>Mon, 11 Feb 2019 23:30:57 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4147</guid>
				<description><![CDATA[Intelligent Office, the leading franchisor of virtual office solutions that provides highly trained administrators, flexible service offerings and executive office suites throughout the United States and Canada, announced its acquisition by Premium Franchise Brands, a market leader in franchising platforms that provides best-in-class mentoring and support frameworks to help franchises accelerate their growth trajectory. The [&#8230;]]]></description>
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		<title>Starboard Value Takes Over Papa Johns</title>
		<link>http://www.franchisorpipeline.com/starboard-value-takes-over-papa-johns/</link>
				<pubDate>Mon, 04 Feb 2019 23:39:34 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4156</guid>
				<description><![CDATA[Starboard Value is making a $200 million investment in the pizza chain. Starboard&#8217;s CEO Jeffrey Smith is becoming Papa John&#8217;s chairman. That&#8217;s a role once occupied by founder John Schnatter, who was forced out in July 2018 after admitting to using a racial slur on a company call. Schnatter remains on the board. The Wall Street [&#8230;]]]></description>
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		<title>Home Franchise Concepts Adds AdvantaClean</title>
		<link>http://www.franchisorpipeline.com/home-franchise-concepts-adds-advantaclean/</link>
				<pubDate>Thu, 03 Jan 2019 19:38:25 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4120</guid>
				<description><![CDATA[Home Franchise Concepts (HFC), the world’s largest franchising system in the home improvement space, has expanded its position as a whole-home solution with the Jan. 1, 2019, acquisition of AdvantaClean, one of the nation’s leading franchised providers of restoration services. AdvantaClean becomes the fourth Home Franchise Concepts home-related brand, joining Budget Blinds®, Tailored Living® and [&#8230;]]]></description>
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		<title>The Grout Medic Goes 2 Snowcap</title>
		<link>http://www.franchisorpipeline.com/the-grout-medic-goes-2-snowcap/</link>
				<pubDate>Fri, 21 Dec 2018 19:30:48 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4115</guid>
				<description><![CDATA[The Snowcap Group has acquired the Texas-based Franchisor, The Grout Medic. Launched in 1997, with franchising beginning in 2001, The Grout Medic is a leading tile and grout home and commercial restoration franchise in America. The Grout Medic uses cutting edge products and environmentally friendly techniques to bring grout and tile back to life. The [&#8230;]]]></description>
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		<title>Authority Brands Nabs Mosquito Squad</title>
		<link>http://www.franchisorpipeline.com/authority-brands-nabs-mosquito-squad/</link>
				<pubDate>Thu, 13 Dec 2018 19:52:07 +0000</pubDate>
		<dc:creator><![CDATA[FPAdmin]]></dc:creator>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4129</guid>
				<description><![CDATA[Mosquito Squad, a Henrico County-based pest-control franchising company that has grown to have more than 250 franchisees, has been acquired. Read the full story in the Richmond Times Dispatch. December 13, 2018]]></description>
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		<title>Pet Supplies Plus Bought By Sentinel</title>
		<link>http://www.franchisorpipeline.com/pet-supplies-plus-bought-by-sentinel/</link>
				<pubDate>Thu, 13 Dec 2018 18:11:56 +0000</pubDate>
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		<guid isPermaLink="false">http://www.franchisorpipeline.com/?p=4105</guid>
				<description><![CDATA[Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the midmarket, today announced the acquisition of Pet Supplies Plus (&#8220;PSP&#8221;), the third largest pet specialty chain in the U.S. and the largest &#8220;independent&#8221; pet-specialty operator. Terms of the transaction were not disclosed. Founded in 1988 and headquartered [&#8230;]]]></description>
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