Source: 4-traders

WKS Restaurant: CapitalSpring : Provides Financing Support to WKS Restaurant Group for Purchase of Pennant Foods

CapitalSpring, a leading private investment firm focused exclusively on the branded restaurant industry, announced today that it has provided financing support to WKS Restaurant Group (“WKS” or the “Company”), a leading multi-brand restaurant franchisee, for the Company’s acquisition of Pennant Foods, an operator of 52 Wendy’s restaurants in Southern California. This acquisition of Pennant Foods, from funds managed by Brockway Moran & Partners, is the third WKS transaction in which CapitalSpring has served as a financing partner.

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
Roland Spongberg's photo - President & CEO of WKS Restaurant

President & CEO

Roland Spongberg

CEO Approval Rating

68/100

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