SDA Holdings, a company owned by ARC Group board, has signed agreements with the owners of Tilted Kilt to confirm the acquisition of the pub chain.
ARC Group franchise relations vice-president Ketan Pandya said: “Clearly the Titled Kilt brand is well recognised and an original pace setter in the category.
“We are looking forward to amplifying our strengths throughout the franchise system and a return to delivering great customer experiences.”
Tilted Kilt former president Ron Lynch will act as a consultant to the company over the next year during the transitional period. He joined the company as its president and CEO in 2005.
Lynch, in collaboration with ARC Group, will formulate a new strategy and action plan for the brand over the next three months.
Lynch said: “ARC Group recognises the unlocked potential of the Tilted Kilt brand and has already begun phase one of their turn-around plan.
“Teams within ARC Group are meeting with franchisees, vendors, partners, and industry insiders to amplify their unique differentiators, bring focus to operational challenges, and formulate new-invigorated growth plans. We are confident their industry knowledge will help lead Tilted Kilt to success.”
Based in Las Vegas, Tilted Kilt Pub and Eatery currently operates 50 locations across the world offering a range of sports, traditional pub food and drinks.
ARC Group was established in April 2000 and is led by CEO Richard Akam.