What company did The C12 Group acquire in March 2017?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company acquired 100% of C12 Atlanta LLC in March 2017. C12 Atlanta was a franchisee of the Company prior to the acquisition and operated as a wholly owned subsidiary. Effective January 31, 2023, C12 Atlanta, LLC was sold to a third party.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, The C12 Group acquired 100% of C12 Atlanta LLC in March 2017. Prior to the acquisition, C12 Atlanta LLC was a franchisee of The C12 Group. After the acquisition, C12 Atlanta operated as a wholly-owned subsidiary of The C12 Group.
It is important to note that C12 Atlanta LLC was later sold to a third party on January 31, 2023. This means that while C12 Group initially expanded through acquisition, it later divested this particular entity.
This type of acquisition and subsequent sale is not uncommon in franchising as franchisors may buy out successful franchisees to integrate their operations or later divest them based on strategic priorities. Prospective franchisees should inquire about the reasons behind such transactions to better understand the franchisor's long-term strategy and its potential impact on their own franchise.