Very successful smaller middle market nationally-franchised restaurant businesses can be overlooked by strategic and financial acquirers, yet represent a strong potential source of growth, innovation and employment for the U.S. economy. However, lacking capital, strategic direction and management depth, these companies may never reach their full potential.
Prometheus views this situation as an opportunity, and consequently seeks out nationally-franchised restaurant businesses with a primary focus on the following characteristics:
- Taco Bell, Pizza Hut & IHOP Brands
- Southeast Focus
- Purchase of Restaurants from Franchisees or Franchisors
- Successful Business or Turnarounds in the above brands.
The principals of Prometheus have 15 years of experience investing in nationally-franchised restaurant businesses. The principals of Prometheus have extensive experience in investing in these types of businesses having built fourteen platforms through the acquisition of nearly 70 companies. |