In late June, Fat Brands announced the intention to acquire Global Franchise Group, which franchises and operates quick-service brands Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery and Pretzelmaker, from Serruya Private Equity, Inc. and Lion Capital LLP for $442.5 million in cash and stock. It was the first of many acquisitions Fat Brands made this year.