The acquisition increased Global Franchise Group's systemwide sales to nearly $1 billion and expands the company's footprint to more than 1,500 stores – domestic and international. Round Table has 440 US locations in seven states and 10 international locations.
"Round Table Pizza is an iconic pizza brand with a loyal consumer base, a strong franchise community and superior products – consistent with everything Global Franchise Group stands for," said Chris M. Dull, president and CEO of Global Franchise Group.
Global Franchise Group plans to invest in menu and technology innovations, building out franchisee support, developing people and remodeling restaurants, including Round Table Pizza.
"Round Table Pizza has become a standard in the industry and Global Franchise Group's acquisition of our famous and respected brand provides market validation of a tremendous accomplishment by our employees, franchisees and everyone involved in the success of Round Table Pizza," said Rob McCourt, CEO and president of Round Table Pizza.
Global Franchise Group also owns and franchises Great American Cookies, Hot Dog on a Stick, Pretzelmaker and Marble Slab Creamery/MaggieMoo's Ice Cream & Treatery.