Sentinel Capital Partners has agreed to acquire Tampa Bay-based Checkers Drive-In Restaurants, Inc., which operates and franchises about 800 restaurants. Wellspring Capital Partners is selling the company. Wellspring put Checkers up for sale in 2012 after acquiring the business in 2006.
Checkers Drive-In Restaurants, Inc., which operates and franchises approximately 800 Checkers® and Rally’s® restaurants, today announced that its private equity ownership group, Wellspring Capital Management, entered into an agreement to sell the Company to Sentinel Capital Partners.
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