Carlisle Corp., the 10th-largest operator in the Wendy’s system, on Monday announced that it had acquired 46 locations in Alabama and Florida from the Wendco Group.
Wendco is an organization owned by Roger and Raisa Webb.
“Roger is a Wendy’s Hall-of-Fame inductee and we are beyond honored to carry forward his tradition of excellence,” Carlisle’s CEO Chance Carlisle said in a statement.
The deal continued a period of consolidation in the franchise business, as larger operators buy locations from franchises that are selling off locations or, as in this case, from operators who are retiring.
Webb began working alongside Wendy’s founder Dave Thomas. “We are proud of the work we accomplished with Wendy’s and will cherish the memories and friendships we made along the way,” Roger Webb said in a statement.
The deal gives Carlisle 150 Wendy’s locations in Alabama, Arkansas, Florida, Louisiana, Mississippi and Texas. The company has been a Wendy’s operator for more than 40 years.
“Chance and his team are first-class people and operators and we know we are leaving our restaurants in great hands,” Webb said.
Carlisle Corp. also owns the better-for-you fast-casual chain LYFE Kitchen. It acquired the brand in 2016, after first purchasing a minority stake in 2014 and relocating the chain's headquarters from California to Memphis.