Terms of the deal for the 393-unit family-dining chain not disclosed
New York-based private-equity firm Sentinel Capital Holdings said Tuesday it has acquired Huddle House Inc., the franchisor to the 393-unit family-dining chain located primarily in the Southeast. Atlanta-based Huddle House reported more than $225 million in annual systemwide sales from 376 franchised restaurants and 17 company-owned units. Its same-store sales swung to positive territory last year, recording a same-store sales gain of 7.9 percent in the fourth quarter of 2011, and 7.2 ...
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Contact: Desiree Torres Desiree.Torres@penton.com