Kahala Acquires Pinkberry’s 260 Locations
December 22nd, 2015 by Fiedler Group
Kahala Brands — a leader in the quick service restaurant (QSR) industry — announced earlier this month the acquisition of Pinkberry.
Pinkberry — headquartered in Santa Monica — opened its first location in West Hollywood in 2005.
Due in part to its high quality frozen yogurt and fresh ingredients, Pinkberry has seen strong growth across a ten year period.
Michael Serruya, chairman and chief executive officer of Kahala Brands commented, “We very much look forward to bringing the support services and best practices we have from within Kahala Brands and aligning with the Pinkberry franchisees to help maximize the brand’s potential…”
Pinkberry boasts more than 260 locations in 20 countries. Other brands in the Kahala portfolio include Cold Stone Creamery, Blimpie, Surf City Squeeze, and Planet Smoothie.
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