Cave Creek Capital Management has led an acquisition of QK Holdings LLC, the largest Denny's franchisee in the United States. No financial terms were disclosed. Co-investors include Stewart Capital and Seacoast Capital. Senior lenders were GE Capital, National Bank of Arizona and Alliance Bank of Arizona.
First Reserve has agreed to acquire Utility Services Associates, a provider of maintenance, repair, rebuild and construction services for power transmission and distribution infrastructure in the Eastern MORE