Overland Park’s KBP Foods closes acquisitions worth $85 million

KBP Foods LLC, a fast-food franchisee based in Overland Park, Kansas, is continuing its acquisition spree and has exceeded its own revenue record.

The three acquisitions are worth a total of about $85 million and include restaurants in Austin, Texas, Houston, Chicago, and Lawrence and Topeka, Kansas. It brings KBP Foods’ store count to 530 restaurants in 20 states and the employee count to 12,000 people.

Earlier this year, KBP acquired 85 KFC and Taco Bell restaurants, which brought in nearly $100 million in additional revenue. In 2017 alone, KBP has added 166 stores through new builds and acquisitions, which have helped revenue soar past $600 million. That breaks KBP’s previous record, set last year, of $380.9 million.

Read more: Kansas City Business Journal


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