Twin Hospitality Group To Acquire Eight Florida Twin Peaks Locations In $47M Deal Expected To Add $76M–$77M Revenue

The acquisition will bring the following Florida locations to company ownership: Davie, Fort Myers, West Palm Beach, Pembroke Pines, Hollywood, Cypress Creek, Doral and Naples. Upon completion, the transaction is expected to contribute approximately $76-$77 million in annual revenue and $9-$10 million in additional annual EBITDA. The incremental EBITDA contribution is expected to help reduce leverage, further strengthening the Company's balance sheet and financial flexibility.