Serruya family office partners in acquisition of Global Franchise Group
Family office Serruya Private Equity partnered with Lion Capital in acquiring the owner of Great American Cookies, Round Table Pizza and other retail food brands. Last month, Lion and SPE acquired Global Franchise Group from Levine Leichtman Capital Partners. Based in Atlanta, GFG owns several major brands in the U.S. quick-service restaurant industry. That puts it right in the wheelhouse of SPE, which invests on behalf of a Canadian family that made its name and fortune by building and buying food ventures. Brothers Michael and Aaron Serruya, both SPE managing directors, began their careers in the 1980s as the founders of frozen yogurt retailer Yogen Früz.
7 December 2018•3 mins read
