GPS Hospitality has purchased 75 Pizza Hut restaurants in Georgia, Alabama, Kentucky and Tennessee.
The deal expands GPS’s presence to a total of 13 US states. The quick-service restaurant (QSR) franchisee plans to further expand its portfolio to reach 500 locations across the country.
GPS Hospitality CEO Tom Garrett said: “Pizza Hut is a mature and beloved brand with dominance in the space. 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.”
GPS has appointed Kent Dawdy as its operations vice-president to lead the new division, following the acquisition.
The company also promoted its Burger King division district leaders Zack Wilcox and Travis Kirkland to the position of operations director for the Pizza Hut division.
GPS was established in 2012 and operates more than 475 restaurants in the US.
The company has a presence in Alabama, Arkansas, Florida, Georgia, Kentucky and Louisiana, as well as Maryland, Michigan, Mississippi, New Jersey, Pennsylvania, Tennessee and West Virginia.