Quality Restaurant Group Acquires 27 Arby’s locations

Quality Restaurant Group, LLC, owners and operators of more than 200 Pizza Hut locations operating as Quality Huts, LLC, appoints Matthew Slaine as Chief Executive Officer. The Company simultaneously announces the formation of Quality Meats, LLC with the acquisition of 27 Arby’s locations in 5 contiguous states led by long-time Director of Operations Jon Bentley. Bentley will report to Slaine.

“Since its inception, Quality Restaurant Group has rapidly grown to become a respected name in the QSR industry, and I’m confident with Matt Slaine at the helm, we will continue to exceed our guests’, employees’ and investors’ expectations,” said Matthew Ailey, managing partner of GenRock Capital Management. “Having at the core of our business two of the most respected names in the QSR industry, including the most well-known name in the pizza category, we are primed for success with a significant pipeline of growth opportunities across our current and future brands.

As the CEO of Quality Restaurant Group, Slaine will focus on building corporate leadership, culture, strategy, system integration, and franchisor relationships for the brands in the portfolio. In addition, Slaine’s role includes overseeing all operations, financial reporting, human resources, corporate development, and assisting with M&A and investor relations across all of Quality Restaurant Group.

“As a hospitality driven organization dedicated to our communities, my first priority will be to ensure a positive guest experience by continuing to build a world class team,” said Slaine. “I look forward to working with our approximately 5,000 employees across the country. As an employer of choice in the industry, it is my responsibility to make sure we are hiring and growing the very best talent out there.”

According to Bob Crumley, Chairman of the Board of Quality Restaurant Group, “I was fortunate to spend over thirty years in a senior leadership position at Boddie-Noell Enterprises, the largest Hardee’s franchisee in the country. The opportunity that QRG has in the quick service industry is one of the best I’ve ever seen. I am excited to be part of it and welcome Matt to the team.”

Prior to this appointment, Slaine served as the CEO of Progressive Business Media (PBM), a marketing services and communications company. During his tenure at PBM, Slaine worked with employees, clients, and vendors to build a leading communications company that was ranked as one of the regions fastest growing companies. PBM was acquired by Gatehouse Media (NYSE: NEWM).

Slaine also has a finance background, having worked at multiple financial services firms. He has an MBA with Distinction in Finance and International Business from NYU Stern School of Business and a BA Cum Laude from Dartmouth College. He and his wife have three children.

Quality Restaurant Group, LLC is based in Greensboro, North Carolina. The Company owns and operates over 200 Pizza Hut restaurants in the Chicago, Indianapolis, South Bend, Baltimore, and Pittsburgh areas and recently acquired 27 Arby’s locations in western states including Colorado, Montana, Nebraska, Wyoming, and South Dakota.