Checkers Drive-In Restaurants, Inc. to be Sold to Sentinel Capital Partners

TAMPA, Fla.--()--Checkers Drive-In Restaurants, Inc., which operates and franchises approximately 800 Checkers® and Rally’s® restaurants, today announced that its private equity ownership group, Wellspring Capital Management, entered into an agreement to sell the Company to Sentinel Capital Partners.

Terms of the stock purchase agreement are confidential.

Contacts

Checkers Drive-In Restaurants, Inc.
Kim Francis
Spokesperson
813.528.2252
francisk@checkers.com

Release Summary

Checkers Drive-In Restaurants, Inc., announced that its private equity ownership group, Wellspring Capital Management, entered into an agreement to sell the Company to Sentinel Capital Partners.

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Contacts

Checkers Drive-In Restaurants, Inc.
Kim Francis
Spokesperson
813.528.2252
francisk@checkers.com