Franchisee group acquires A&W Restaurants
LEXINGTON, Ky. – A Great American Brand LLC, which is a partnership of domestic and international A&W Restaurant franchisees from YUM! Brands Inc., has acquired A&W Restaurants Inc., according to Kevin Bazner, A&W chief executive officer. Terms of the acquisition were not released.
Many A&W Restaurant support staff were retained under the new ownership to ensure a smooth transition, Bazner said. “We have a team of owners and support staff who share a common goal of growing this famous brand,” he added.
All A&W single and multi-brand locations will continue to be supported, Bazner said. At present 1,200 A&W restaurants, including 350 international stores in 15 countries and territories, are operating.