{"id":14231,"date":"2017-10-24T11:00:09","date_gmt":"2017-10-24T18:00:09","guid":{"rendered":"http:\/\/localhost\/premierfoodsafety_OLD\/?p=14231"},"modified":"2017-10-24T11:00:09","modified_gmt":"2017-10-24T18:00:09","slug":"culvers-sells-minority-interest-to-investment-firm","status":"publish","type":"post","link":"https:\/\/premierfoodsafety.com\/blog\/culvers-sells-minority-interest-to-investment-firm\/","title":{"rendered":"Culver\u2019s Sells Minority Interest to Investment Firm"},"content":{"rendered":"<div class=\"shortabstract\">\n<p id=\"abstract\">Culver\u2019s, which is a franchise with over 600 restaurants in 24 states entered an agreement with Roark Capital Group in which Culver\u2019s shareholders will sell a minority stake to affiliates of Roark. The Culver family will maintain a majority ownership of the brand. The sale will help keep Culver\u2019s family owned but also set up the next generation for success. Roark Capital is a restaurant veteran, with investments in 50 states and 78 countries. Roark will have representation on the board of directors. There are no plans to sell more shares.<\/p>\n<p><span id=\"readmoretext\">Read more: <\/span><a id=\"source\" target=\"_blank\" href=\"https:\/\/www.qsrmagazine.com\/news\/culver-s-sells-minority-interest-investment-firm\" rel=\"noopener\">Culver\u2019s Sells Minority Interest to Investment Firm<\/a><\/p>\n<\/div>\n<div id=\"task_trail\" style=\"display:none\">(abstract 3GITHABACYL1A5ZR7XFQ4PDJ9IF2N0 3Z4GS9HPNVALG523N4KYS34LRPS77V AVN43JD5CFB19)<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Culver\u2019s, which is a franchise with over 600 restaurants in 24 states entered an agreement with Roark Capital Group in which Culver\u2019s shareholders will sell a minority stake to affiliates of Roark. The Culver family will maintain a majority ownership of the brand. The sale will help keep Culver\u2019s family owned but also set up [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8143,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/14231"}],"collection":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/comments?post=14231"}],"version-history":[{"count":0,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/14231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/media\/8143"}],"wp:attachment":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/media?parent=14231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/categories?post=14231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/tags?post=14231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}