PNC Riverarch Capital, a private-equity firm and a division of PNC Capital Finance LLC, has acquired a controlling interest in Dothan, Ala.-based Burger King franchisee Goldco LLC. Terms of the agreement were not disclosed, but in a statement Pittsburgh-based PNC Riverarch Capital noted the firm typically seeks investments valued between $10 million and $50 million. Alongside the acquisition, Goldco took on 33 previously company-owned Burger King locations in Broward County, Fla. ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!