The Group was founded in 1999 by Greg Flynn. In August 2013, Flynn acquired Gateway Bells, a Taco Bell franchisee in the Midwest, primarily in
Missouri and Illinois (mostly in St. Louis). In 2018, the Group reported yearly sales of 2.3 billion. The Group historically avoided
hamburger franchises, preferring niches with more differentiation between competitors. Also in 2018, Flynn acquired 368 Arby's franchises from U.S. Beef. In 2021, the Group acquired 937 Pizza Hut franchises during the bankruptcy of
NPC International. The Group began buying
Wendy's franchises in 2021. As of 2024, it operated approximately 5% of Wendy's in the United States with a total of around 300 stores. It is also the
master franchisee for Wendy's in
New Zealand and
Australia. The New Zealand franchisee Wendco (NZ) Ltd. was acquired in 2023 from the
Lendich family. In 2024, they claimed to be the largest operator of franchises in the world. They were also the largest Applebees operator in the world with more than 450 restaurants. Annual sales were approximately $4.5 billion. In 2024, the Group reportedly explored the sale of a majority stake in the company. In March 2024, in response to claims that the Group had inserted a loophole into
California law which would allow Panera franchises to charge lower wages than other restaurants, Gregg Flynn said that all of the Group's restaurants in California would pay $20 dollars an hour or better. In August 2024, Flynn acquired 83 Wendy's units in
Pennsylvania and
New Jersey. Then in November of the same year, the Group bought 32 Wendy's franchises in Indianapolis. == Operations ==