Back
To News/PR Index
|
|
Tilted
Kilt Pub and Eatery to Be Acquired
|
National Sports
Pub Franchise to be Bought by ARC Group
|
Tempe,
AZ – July 2018 / Newsmaker Alert / Tilted
Kilt Pub & Eatery®, a sports Pub where “A Cold Beer Never Looked
So Good®” is on the brink of being acquired. ARC
Group, Inc. (OTC: ARCK), the owner, operator and franchisor of the
award-winning Dick’s Wings & Grill® concept, announced its intention
to purchase the sports pub franchise.
ARC
Group was formed in April 2000 to develop the Dick’s Wings & Grill
concept, and currently serves as owner, operator and franchisor of the
Dick’s Wings brand of restaurants. The ARC Group is led by CEO Richard
Akam.
|
ARC
Group, Inc. and the owners of Tilted Kilt have begun to execute agreements
for the sale of Tilted Kilt to SDA Holdings, LLC, a company owned by Fred
W. Alexander, who is a member of the Board of Directors of ARC Group. ARC
Group intends to enter into an agreement with SDA Holdings within the next
couple of weeks to acquire Tilted Kilt from SDA Holdings.
“Clearly
the Titled Kilt brand is well recognized 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,”
said Ketan Pandya, Vice President of Franchise Relations for ARC Group,
Inc.
Former
Tilted Kilt President Ron Lynch will continue on as a consultant to the
company over the next year during the transitional period. Lynch has been
President and CEO since 2005, when Tilted Kilt started with three non-franchised
locations. Over the next 60 to 90 days, Lynch and ARC Group will lay out
a refined strategy and action plan for the brand.
“ARC
Group recognizes the unlocked potential of the Tilted Kilt brand and has
already begun phase one of their turn-around plan,” said Lynch. “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 a new-invigorated growth plans—we are confident
their industry knowledge will help lead Tilted Kilt to success.”
Founded
in the Rio Hotel in Las Vegas in 2003, Tilted Kilt Pub and Eatery roughly
50 locations in operation Worldwide and boasts a wide array of sports,
traditional pub food, drinks and the famed Tilted Kilt girls, all under
one roof. Combined with pool tables, large TVs, and additional amenities,
Tilted Kilt is the best place to watch sports and hang out with friends.
Humorous and slightly bawdy limericks are seen throughout the pub, creating
an atmosphere that is fun and entertaining.
For
more information about the Tilted Kilt Franchise, please visit www.tiltedkilt.com/franchising.
About
Tilted Kilt
Tilted
Kilt Pub and Eatery, known as “The Best Looking Sports Pub You’ve Ever
Seen,” has 47 units in operation throughout the U.S. and Canada, with additional
3 pubs in various stages of development. Tilted Kilt is uniquely different
than other sports bars because of its fun pub experience. The Pubs feature
dozens of large, HDTVs and big screens to deliver a premium sports viewing
experience. Every Pub has 30+ draught and bottled beers along with excellent
tasting, high quality menu items served to you by the World Famous Kilt
Girls®. The Tilted Kilt Girls and Guys are inviting and represent the
comfortable atmosphere while simultaneously demonstrating a high level
of service in the industry. The brand’s slogan “A Cold Beer Never Looked
So Good.”® personifies the Fun, Food, Spirits and Sports that the Tilted
Kilt is well-known for bringing to pub guests in both the United States
and Canada.
About
ARC Group, Inc.
ARC
Group, Inc., headquartered in Jacksonville, Florida, is the owner, operator
and franchisor of the Dick’s Wings & Grill concept. Now in its 23rd
year of operation, Dick’s Wings prides itself on its award-winning chicken
wings, hog wings and duck wings spun in its signature sauces and seasonings.
Dick’s Wings has 15 restaurants in Florida and five restaurants in Georgia.
It also has two concession stands at TIAA Bank Field (formerly EverBank
Field), home of the NFL’s Jacksonville Jaguars, as well as a concession
stand at Jacksonville Veterans Memorial Arena, home of the National Arena
League’s Jacksonville Sharks. Visit www.arcgrpinc.com.
Media
Contact:
Kathryn
Frakes
Fishman
Public Relations
847-945-1300 |