Some of the fastest-growing restaurant companies in the country don’t actually own a brand. Franchisees have been quietly consolidating and building their operations in recent years, a trend evident in the Second 100 Company data, which ranks entities by foodservice revenue.
Consider ACON Investments LLC, a Washington D.C.-based private equity firm, which owns RMH Franchise Holdings.
RMH has rapidly become one of the largest Applebee’s franchisees in the co
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