Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has agreed to acquire Global Franchise Group, which franchises and operates a portfolio of five quick-service restaurant concepts — Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery and Pretzelmaker — from Serruya Private Equity, Inc. and Lion Capital LLP, for $442.5 million in cash and stock. The transaction is expected to close by the end of July 2021. With the acquisition of GFG, FAT Brands will have more than 2,000 franchised and company owned restaurants …
