Kansas-based JRI Hospitality has acquired the restaurant operations of HCI Hospitality, strengthening its place as a significant franchisee of the Freddy’s Frozen Custard & Steakburgers model.
The transaction consists of 43 Freddy’s areas operated by HCI, which runs a number of restaurant ideas throughout the Midwest.
Following the deal, JRI’s Freddy’s portfolio will enhance from greater than 88 shops in 15 states to over 130 throughout 18 states.
JRI founder and CEO Jason Ingermanson mentioned: “The acquisition of HCI is a novel alternative to carry two nice groups collectively.
“Their popularity, constant efficiency, and dedication to integrity and high quality align intently with our personal values, and we stay up for persevering with to carry distinctive, memorable experiences for our visitors throughout all operations nationwide.”
The acquisition additionally covers HCI’s JC’s BBQ and Grill in Junction Metropolis, Kansas, and Powercat Sports activities Grill in Manhattan, Kansas.
Creek Wagyu, one other idea developed below HCI, is excluded from the deal and can stay below the possession and administration of HCI founder Dave Dreiling.
Dreiling mentioned: “I’m thrilled to have HCI’s restaurant operations change into a part of JRI Hospitality below Jason’s robust management.”
To assist the combination, HCI chief govt Cam Blakely will be part of JRI as JRI Freddy’s operations president.
JRI Hospitality now operates greater than 145 eating places nationwide.
The group will stay targeted on growth with Freddy’s and different ideas below its portfolio, together with Mokas Espresso & Eatery. JRI additionally operates Chompie’s Eating places & Deli and the Salina Nation Membership.
“JRI Hospitality expands Freddy’s footprint with HCI acquisition” was initially created and revealed by Verdict Meals Service, a GlobalData owned model.
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