On the Record · NPC Restaurant Holdings

NPC Restaurant Holdings acquisitions, on the record

The businesses NPC Restaurant Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
56 Wendy's units from another Wendy's franchisee primarily located in North Carolina Word for word“As of December 30, 2014 we operated 143 Wendy’s units in 5 states, including 56 units acquired in July 2014 from another Wendy’s franchisee primarily located in North Carolina.” 10-K for 2014	acquisition	July 2014	—
Wendy's restaurants (56 units acquired July 2014) Word for word“Cash flows used in investing activities were $97.3 million for fiscal 2014 consisting of investments in capital expenditures of $66.1 million and $56.8 million for the July 2014 acquisition of Wendy’s restaurants.” 10-K for 2014	acquisition	July 2014	$56.8 million
91 Wendy's units acquired in three separate transactions Word for word“Between July 2013 and December 2013, the Company acquired a total of 91 Wendy’s units in three separate transactions.” 10-K for 2014	acquisition	between July 2013 and December 2013	—
36 Pizza Hut units from PHI in and around Jacksonville, Florida Word for word“In addition, we completed the Jacksonville, Florida acquisition of 36 units for $19.4 million (including amounts paid for working capital settlement items and 38 Table of Contents development fees), invested $40.5 million in capital expenditures (including approximately $0.8 million for IT equipment for the 36-unit acquisition) and received proceeds from the disposition of assets of $0.2 million.” 10-K for 2014	acquisition	—	$19.4 million
39 units from PHI in and around Nashville Word for word“The 2006 LFA was executed in conjunction with our acquisition in October 2006 of 39 units from PHI in and around Nashville.” 10-K for 2014	acquisition	October 2006	—
294 Pizza Hut units under the 2008 LFA Word for word“Between December 2008 and February 2009, the Company acquired 294 units under the 2008 LFA which was amended effective with the acquisition of the units primarily as follows:” 10-K for 2014	acquisition	Between December 2008 and February 2009	—
Eight fee-owned Wendy's restaurants acquired in July 2014 (planned sale, held for sale) Word for word“Includes eight fee-owned Wendy’s restaurants acquired in July 2014 that we plan to sell within the next 12 months which are included in assets held for sale.” 10-K for 2014	divestiture	within the next 12 months	—
13 properties in sale-leaseback transactions Word for word“These investments were partially offset by sale-leaseback proceeds of $24.2 million for 13 properties (11 of the fee-owned properties acquired in the July 2014 acquisition of Wendy’s restaurants and two formerly leased properties acquired post acquisition for $1.7 million) and $3.1 million of proceeds from the disposition of assets.” 10-K for 2014	divestiture	—	$24.2 million
Wendy's restaurants (56 units, July 2014 acquisition) Word for word“Effective July 14, 2014 the Company acquired an additional 56 Wendy’s units primarily located in North Carolina.” 10-K for 2015	acquisition	Effective July 14, 2014	—
Wendy's restaurants (91 units, July 2013 to December 2013 transactions) Word for word“Between July 2013 and December 2013, the Company acquired a total of 91 Wendy’s units in three separate transactions.” 10-K for 2015	acquisition	Between July 2013 and December 2013	—
Wendy's business (fiscal 2014 acquisition, cash flow line) Word for word“Cash flows used in investing activities were $97.3 million for fiscal 2014 consisting of investments in capital expenditures of $66.1 million and $56.8 million for the July 2014 acquisition of Wendy’s restaurants.” 10-K for 2015	acquisition	—	$56.8 million
Wendy's business (fiscal 2013 acquisition of 91 units) Word for word“Cash flows used in investing activities were $106.4 million for fiscal 2013 consisting of investments in capital expenditures of $51.0 million and $55.9 million for the acquisition of 91 Wendy’s units, partially offset by $0.5 million of proceeds from the disposition of assets.” 10-K for 2015	acquisition	—	$55.9 million
Pizza Hut units acquired from PHI in and around Nashville Word for word“The 2006 LFA was executed in conjunction with our acquisition in October 2006 of 39 units from PHI in and around Nashville.” 10-K for 2015	acquisition	October 2006	—
Pizza Hut units acquired from PHI in and around Jacksonville, Florida Word for word“The 2012 LFA was executed in conjunction with our acquisition in February 2012 of 36 units from PHI in and around Jacksonville, Florida and requires us to bring all assets in compliance with PHI’s minimum asset standards within 6 years of acquisition date.” 10-K for 2015	acquisition	February 2012	—
Three fee-owned Wendy's restaurants held for sale Word for word“Includes three fee-owned Wendy’s restaurants acquired in July 2014 that we plan to sell within the next 12 months which are included in assets held for sale.” 10-K for 2015	divestiture	Within the next 12 months	—
Fee-owned properties sold in sale-leaseback transactions (fiscal 2014) Word for word“These investments were partially offset by sale-leaseback proceeds of $24.2 million for 13 properties (11 of the fee-owned properties acquired in the July 2014 acquisition of Wendy’s restaurants and two formerly leased properties acquired post acquisition for $1.7 million) and $3.1 million of proceeds from the disposition of assets.” 10-K for 2015	divestiture	—	$24.2 million
three Wendy’s restaurants from a Wendy’s franchisee Word for word“In January 2016, NPCQB acquired three Wendy’s restaurants, including fee-owned properties, from a Wendy’s franchisee for approximately $8.0 million .” 10-K for 2016	acquisition	In January 2016	approximately $8.0 million
39 Wendy’s restaurants from a subsidiary of The Wendy’s Company Word for word“On July 25, 2016, NPCQB completed the acquisition of 39 Wendy’s restaurants, including four restaurants that were recently constructed, from a subsidiary of The Wendy’s Company (“Wendy’s”) for approximately $36.2 million , including amounts for working capital and development fees.” 10-K for 2016	acquisition	On July 25, 2016	approximately $36.2 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2016-12-27	$44.2 million

Deal filings since 2016

2017-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-06-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from NPC Restaurant Holdings’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-03-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.