GPS Hospitality Acquires 10 BURGER KING Restaurants in Home State Of Georgia
Atlanta Company Reaches Beyond The 200 Franchise Mark
ATLANTA – (August 27, 2015) – Rapidly growing BURGER KING® franchisee GPS Hospitality today announces the purchase of 10 BURGER KING® restaurants across Georgia. The newly acquired locations stretch from Atlanta to Athens and include areas such as Alpharetta, Dunwoody, and Norcross.
The acquisition propels the Atlanta-based company to more than 200 total franchises in less than three short years with 56 in Georgia alone. GPS Hospitality is the largest franchisee in Atlanta. In total, the company has 206 BURGER KING® restaurants in nine states.
“GPS Hospitality is a proud Georgia-based company, and we love opportunities to increase jobs and provide great food and service in our home state,” said Tom Garrett, CEO. “We’ve built a strong team here and look to the future as we continue to grow our foothold.”
This is the company’s fourth acquisition in partnership with Nonami Investments and The Cynosure Group.
GPS Hospitality was recently recognized by the Atlanta chapter of the Association for Corporate Growth® (ACG) as one of the fastest growing Georgia companies in 2014. By focusing on its goal-focused, talent-oriented approach to franchise management, GPS Hospitality sustains rapid growth by attracting and retaining the top talent in the QSR food industry.
About GPS Hospitality
Founded in 2012, GPS Hospitality is a BURGER KING® franchisee, operating 206 stores in Georgia, Indiana, Kentucky, Maryland, New Jersey, Ohio, Pennsylvania and West Virginia. GPS Hospitality seeks to become our guests’ favorite QSR destination by implementing our brand values of being Goal Focused, People Oriented and Service Obsessed. For more information, please visit www.gpshospitality.com.
About The Cynosure Group
The Cynosure Group was founded to bring together the resources of a number of significant family offices, anchored by the Eccles family of Salt Lake City, to make private investments in a range of industries.
About Nonami Investments
Nonami Investments is a partnership of the Thomas G. Cousins family office which focuses on making investments into companies with exceptional management teams and attractive growth opportunities.
About Burger King Worldwide
Founded in 1954, BURGER KING® (NYSE: BKW) is the second largest fast food hamburger chain in the world. The original HOME OF THE WHOPPER®, the BURGER KING® system operates in approximately 14,000 locations serving more than 11 million guests daily in 98 countries and territories worldwide. Approximately 100 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. To learn more about Burger King Worldwide, please visit the company’s website at www.bk.com or follow BK on Facebook and Twitter.
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