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GPS Hospitality expands its portfolio by acquiring Yum! Brands

08 April 2019 | News

Fast-Growing Franchisee to acquire 75 Pizza Hut restaurants

GPS Hospitality, a rapidly growing franchisee with more than 400 BURGER KING® and Popeyes Louisiana Kitchen restaurants in 11 states, has announces the next major step in the organization's growth: the acquisition of 75 Pizza Hut® restaurants in Georgia, Alabama, Kentucky and Tennessee, bringing the grand total of GPS' footprint to 13 states.

GPS Hospitality spent months of reflection and research to identify its third brand, and the company is excited to solidify its agreements to acquire its newest restaurants. The Quick Service Restaurant franchisee expects to break 500 restaurants across the country this year and sees opportunities for future growth within Yum! Brands, the parent company of Pizza Hut.

"Pizza Hut is a mature and beloved brand with dominance in the space," said GPS Hospitality CEO Tom Garrett. "Not only does the brand see value in investing in its people, but also positioning itself as an industry leader with its recent NFL sponsorship, plus innovations with its app and delivery offerings. Our partnership with Pizza Hut is a deliberate move to align ourselves with a brand that reflects our values and business sensibilities. The addition of the third brand and expansion into new territories are major milestones for our company."

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