Guernsey Holdings is pleased to announce the acquisition of 56 Sonic locations in Louisiana. The company now owns and operates 87 Sonic locations in Texas, Illinois, Idaho, Washington and Louisiana and is the 5th largest franchisee in the system. ”We couldn’t be more excited to grow our Sonic family and add one of the most prestigious Sonic businesses in the entire country,” said Founder and CEO Mike James. “Ted Kergan [the previous owner] shares similar core values, as demonstrated by his focus on his people and the surrounding communities he operated in. We will build on that legacy and continue Sonic’s positive impact throughout Louisiana,” continued James.

Guernsey Holdings is one of the fastest growing restaurant franchisee in the United States and entered the top 100 franchisees in the country as measured by total revenue and unit count. “We have unbelievable partners. I would like to thank Unbridled Capital for their involvement in the transaction. We consider them to be best in class in the restaurant banking space and I can honestly say the transaction would not have closed without their diligent involvement,” said Domenic Hjerpe, Partner and Sr. Director of Investments at Guernsey.

Guernsey Holdings is a private investment firm that owns, operates and grows consumer-facing busineses. If you have interest in partnering or selling your business to Guernsey Holdings please contact us at acquisitions@guernseyholdings.com