Checkers Drive-In Restaurants, Inc. to be Sold to Sentinel Capital Partners



Checkers Drive-In Restaurants, Inc. to be Sold to Sentinel Capital Partners

Checkers Drive-In Restaurants, Inc., which operates and franchises approximately 800 Checkers and Rally’s restaurants, has announced that its private equity ownership group, Wellspring Capital Management, entered into an agreement to sell the Company to Sentinel Capital Partners.

Terms of the stock purchase agreement are confidential.