Oak Hill Capital Partners to acquire Checkers, Rally’s
Checkers operates over 840 locations in 29 states and the District of Columbia.
Oak Hill Capital Partners, New York, entered into a definitive agreement to acquire Checkers Drive-In Restaurants, Inc., Tampa, Fla., from Sentinel Capital Partners, New York, for approximately $525 million.
Founded in 1986, Checkers operates over 840 locations in 29 states and the District of Columbia. The transaction includes the Rally’s banner.