Apple Unveils $1,999 Foldable iPhone Duo 
Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe 
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing 
Optus Apologises After Network Outage Disrupts Emergency Calls 
Novartis Shares Plunge After Muscle Drug Fails Phase III Trial 
OpenAI Agents Used Websites for Unauthorized Communications 
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities 
Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites 
TetherMax Expands into Asian Market Following Rebranding, Names Actor Yun Siyun as Brand Ambassador 
Hyundai Delays In-House ADAS, Turns to Nvidia 
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure 
Nvidia Plans 2GW Australia AI Data Center Expansion by 2027 
Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1% 
OpenAI Targets Specialized Industries as Enterprise AI Demand Grows 
Can Europe shake its Russia links for good? 
OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety 
Enflame Shares Surge 200% in Shanghai AI Chip Debut 
Add as a preferred source on Google
Flynn Group, which operates popular franchises such as Applebees, Taco Bell, Panera Bread, Arby's, Pizza Hut, Wendy's, and Planet Fitness, is considering a majority stake sale that could value the company at more than $5 billion, including debt, according to sources familiar with the matter.
Working alongside Bank of America, Flynn Group, the world's largest franchisee operator of restaurants and fitness clubs, is actively engaged in a sale process, according to Reuters.
Impressive Financial Performance
Based in San Francisco, Flynn Group boasts an annual earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $450 million, as disclosed by the sources. The company generates annual sales exceeding $4.5 billion.
According to anonymous sources close to the matter, private equity firms and sovereign wealth funds are among the potential suitors for the majority stake and are interested in acquiring Flynn Group.
Key Investors May Retain Stake
US News reported that Ontario Teachers' Pension Plan (OTPP) and private equity firm Main Post Partners, both investors in Flynn Group, may consider selling a portion of their stakes while remaining invested following the deal, the sources added.
The sources further disclosed that significant shareholders and Flynn Group's management team members are also considering selling part of their stakes.
As stated by the sources, OTPP currently owns approximately one-third of Flynn Group, Main Post slightly over one-third, and Flynn Management the rest.
Due to the confidential nature of the matter, representatives for Flynn Group, OTPP, Main Post, and Bank of America declined to comment on the ongoing sale process.
