GPS Hospitality has acquired seven Popeyes Louisiana Kitchen restaurants in Atlanta.
April 7, 2016
After acquiring more than 220 Burger King restaurants across nine states in less than four years,GPS Hospitality has also acquired seven Popeyes Louisiana Kitchen restaurants in Atlanta with plans to develop new restaurants in the Atlanta area and in West Virginia, according to a press release from GPS Hospitality. The purchase is the first agreement between Popeyes and GPS Hospitality.
"Popeyes is a brand that has high consumer recognition and continues to gain momentum in achieving great results. They have a solid plan in place for continued growth and we're excited to join their team and do our part to help them achieve their goals," said Tom Garrett, CEO of GPS Hospitality. "Our shared beliefs that the people make the brand plus their dedication to creating a culture of leaders aligns closely with GPS' core values. We truly look forward to working with Popeyes' CEO Cheryl Bachelder and her exceptional management team."
"Popeyes has immense development potential and we're ready to hit the ground running," said Curt Oxyer, district operator for GPS Hospitality. "The proven success GPS has achieved with BURGER KING restaurants, especially in instituting our values of Goal Focused, People Oriented and Service Obsessed, gives us a great foundation for success with the Popeyes brand."