Besides Bft, what other companies does Mr. Beygi serve as Chief Technology Officer for?

According to Bft's 2025 Franchise Disclosure Document, Kevin Beygi serves as the Chief Technology Officer for several other companies in addition to Bft. Specifically, since February 2025, he has held the same position at Assetco, Lindora Franchisor, each of the Affiliate SPV Franchisors, Former Portfolio Brand SPV Franchisors, Affiliate Prior Franchisors, and Former Portfolio Brand Franchisors. Furthermore, since January 2025, Mr. Beygi has also been the Chief Technology Officer of Xponential.

For a prospective Bft franchisee, this shared leadership role may have both positive and negative implications. On the one hand, Mr. Beygi's experience across multiple brands could bring a broader perspective and potentially more efficient technology solutions to Bft. His simultaneous role at Xponential, in particular, suggests a close relationship between the two companies, which could lead to synergies and shared resources.

However, a potential downside is that Mr. Beygi's attention and resources are divided among several entities. A franchisee might be concerned about whether Bft receives adequate focus and support, especially if the other companies he serves are facing challenges or require significant technological investment. It would be prudent for a prospective franchisee to inquire about the allocation of Mr. Beygi's time and resources, and how Bft ensures it receives the necessary technological support despite these shared responsibilities.