Hyde Park Ventures announces the acquisition of several Five Guys franchises in Colorado

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AUSTIN, Texas and BOSTON, June 24, 2021 / PRNewswire / – Hyde Park Ventures (“Hyde Park“), a private management company, announced the acquisition of seven Five Guys franchises and a new development territory in the north Colorado making its restaurant holding, Hyde Park Burgers, the third largest Five Guys franchisee in United States.

In total, Hyde Park now owns 42 Five Guys franchises in Colorado, Maine, Massachusetts, Rhode Island, and Vermont. Thanks to this acquisition, Hyde Park continues its mission of building a state-of-the-art, state-of-the-art restaurant operating platform. Hyde Park also owns a net rental real estate investment business as well as a franchise advisory practice.

Colorado is one of the strongest markets in the country with its attractive climate, business-friendly culture and growing population. We are delighted to be establishing ourselves in the state and continuing to develop our presence in the West, ”said Jody goehring, Managing Partner, Hyde Park Ventures.

Fifth Third Bank, Hyde Park single lender, provided debt financing for the transaction.

“Hyde Park has built a very successful portfolio quickly and has proven its ability to build a scalable model, hire the right talent and invest in the right business,” said Greg McGinley, vice president and executive director of banking services at companies at Fifth Third. “When we started our relationship with Hyde Park in 2018, we saw the opportunity to support a young investment team with a clear purpose, and we look forward to supporting their continued growth. “

Hyde Park The platform approach allows the company to work with large institutional investors interested in the franchised restaurant space. It provides a scalable, full-service operations management team and a complete back-office system with the flexibility to work across brands and geographies.

About five guys

Five Guys is a family-owned franchise restaurant group focused on serving high quality burgers and fries in a clean, no-frills atmosphere. Five Guys was established in 1986 in Arlington, Virginia. In 2003, Five Guys opened its first franchise location and with the help of loyal franchisees, Five Guys has grown from five to 1,550 locations worldwide. Five Guys continues to be awarded “best” hamburger in various markets and ZAGAT Survey said “there are no better burgers”. For more information visit www.fiveguys.com.

About Hyde Park Ventures

Hyde Park Ventures is a vertically integrated private investment management firm with a 10-year history of generating value-added returns in various asset classes and geographies. Hyde Park acquires, develops, invests, advises and operates multi-unit restaurant franchises and real estate assets. With considerable local expertise and a critical national perspective, Hyde Park covers the full spectrum of investment, development, value-added asset management, operations and repositioning in restaurants. Hyde Park applies institutional analysis and disciplines to local restaurant and real estate franchise businesses. It seeks opportunistic and cyclical entry points into asset-based and market-based investment strategies in order to generate superior investment returns for its investors.

Hyde Park Ventures portfolio includes BostonHyde Park Burgers, franchisee of Five Guys, and Hyde Park Properties, a Austinreal estate company based on net rent.

About the fifth third

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. From March 31, 2021, the fifth third had $ 207 billion in assets and operated 1,098 full-service banking centers and 2,383 ATMs under the Fifth Third brand in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and Caroline from the south. In total, Fifth Third offers its customers access to approximately 53,000 free ATMs through United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is one of the largest fund managers in the Midwest, and since March 31, 2021, had $ 464 billion in assets in custody, which she managed $ 58 billion for individuals, corporations and not-for-profit organizations through its trust and registered investment advisory activities. Investor information and press releases can be found at www.53.com. The common shares of Fifth Third are traded on the Nasdaq® Global Select Market under the symbol “FITB”. The Fifth Third Bank was established in 1858. Deposit and credit products are offered by the Fifth Third Bank, National Association. FDIC member.

SOURCE Hyde Park Ventures



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