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The deal demonstrates that family-owned brands in niche categories can access growth capital without compromising the heritage that defines their market position.
JRI Hospitality CEO Jason Ingermanson discusses acquisition discipline, private equity interest and why Freddy’s Frozen Custard & Steakburgers could eventually go public.
The firm's head of investment banking says activity is being fueled by minority investors seeking exits from professional sports teams, the evolution of college athletics through NIL agreements, and rising consumer spending on youth sports.
The acquisition strengthens Authentic's entertainment platform by adding a character brand that aligns with its strategy of growing intellectual property.