JRI Hospitality acquires 43 Freddy’s locations
JRI Hospitality purchased franchisee HCI Hospitality’s restaurant operations and now owns almost 25% of Freddy’s portfolio.
“The acquisition of HCI is a unique opportunity to bring two great teams together,”
Manhattan, Kansas-based JRI Hospitality — the largest franchisee of quick-service brand Freddy’s Frozen Custard & Steakburgers — has acquired an additional 43 Freddy’s locations through the purchase of franchisee HCI Hospitality’s restaurant operations. With this deal, JRI’s total number of Freddy’s locations multiplies from 88 units across 15 states to 130 restaurants across 18 states.
“The acquisition of HCI is a unique opportunity to bring two great teams together,” Jason Ingermanson, founder and CEO of JRI Hospitality, said in a statement. “Their reputation, consistent performance, and commitment to integrity and quality align closely with our own values, and we look forward to continuing to bring unique, memorable experiences for our guests across all operations nationwide.”
As HCI Hospitality’s restaurant operations merges with JRI, the latter has also gained the franchisee’s other holdings, including JC’s BBQ and Grill in Junction City, Kansas; and Powercat Sports Grill in Manhattan, Kansas. Cam Blakely, CEO of HCI will be joining JRI as president of operations for JRI Freddy’s.
“I am thrilled to have HCI’s restaurant operations become part of JRI Hospitality under Jason’s strong leadership,” Dreiling said in a statement. “Our shared mission of genuine hospitality and expanded opportunities for our team members will guide us in this next chapter, as we grow with a commitment to guest satisfaction and positively impacting the communities we serve.”
JRI Hospitality now operates more than 145 restaurants total, including multiple locations of the growing Wichita, Kansas-based Mokas Coffee & Eatery brand.
