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1/21/21 City Capital Ventures, LLC, a private investment partnership headquartered in Chicago, Illinois, is pleased to announce it has made a majority investment in Rackson Restaurants. Rackson, headquartered in Bridgewater, New Jersey, is a 55+ unit QSR franchisee of Burger King and Popeyes restaurants with locations across six states in the Northeastern and Mid-Atlantic U.S. Rackson is led by co-owner and CEO, Chris Johnson, a 2nd generation QSR operator with an outstanding track record of developing talent and delivering superior operating results. CCV is excited to partner with Chris Johnson and shares his desire to build a large, multi-branded QSR platform across the attractive Northeastern U.S. marketplace. ....
Amergent Hospitality Group Names Steve Hoelscher Chief Financial Officer CHARLOTTE, NC / ACCESSWIRE / January 19, 2021 / Amergent Hospitality Group (OTCQB:AMHG) (the Company or Amergent ), owner, operator, and franchisor of multiple nationally-recognized restaurant brands, today announced that Steve Hoelscher has been named Chief Financial Officer. Mr. Hoelscher is a Certified Public Accountant and has 40 years of accounting and auditing experience. Prior to joining the Company, Mr. Hoelscher was and continues to be the CFO for Mastodon Ventures, Inc., a strategic restaurant advisory firm in Austin, Texas since June 2000. Mr. Hoelscher has considerable restaurant experience having overseen investments in a number of companies owning a variety of restaurant assets including over 100 KFC restaurants, and various other fast casual, casual, fine dining, franchisee and franchisor concepts. ....