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Value Foodservice acquires 11 KFC restaurantsValue Foodservice acquires 11 KFC restaurants

The New York-based group, with added Kentucky and Tennessee units, now owns 59 U.S. locations

Ron Ruggless, Senior Editor

December 11, 2024

1 Min Read
KFC restaurant exterior
Value Foodservice LLC has acquired 11 Kentucky Fried Chicken restaurants, bringing its total KFC restaurant count to 59 domestic locations.KFC

Value Foodservice LLC has acquired 11 Kentucky Fried Chicken restaurants, bringing its total KFC restaurant count to 59 domestic locations, the company said Wednesday.

New York-based Value Foodservice said the purchased KFC restaurants are in Kentucky and Tennessee, mostly in the greater Nashville area. VFS is led by quick-service restaurant veteran Jon Blob, with financial backing from BlackBern Partners LLC.

“We are excited to continue to grow our KFC restaurant footprint with this transaction, which is our third KFC acquisition of the year,” Blob, VFS CEO, said in a statement. “The area around Nashville is experiencing strong economic tailwinds, and we are excited to grow our presence in this region in the future.”

Jason Young, a partner at BlackBern, added: “The VFS team has done a great job building the business, while smartly navigating the dynamic QSR environment the last several years. We are excited to enter a new geography.”

Value Foodservice, formed in 2021, owns and operates stores in the franchise restaurant industry.

BlackBern Partners is a New York City-based private-equity firm that invests in mature operating companies.

Contact Ron Ruggless at [email protected]

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About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

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