Along with the $ 130 million purchase of franchisee Buffalo Wild Wings (BWW) Diversified Restaurant Holdings, investment firm ICV Partners sold 22 of the 64 units acquired to wing specialist franchisor Inspire Brands.

ICV also announced this morning that an earlier acquired BWW franchisee, JK&T, has reached an agreement with Inspire to develop 15 restaurants in agreed locations.

In addition, the investor said that Diversified and JK&T restaurants will be combined under a new operation called JK&T Wings. Kent Ward will serve as CEO of the new company and Brian Carmody will hold the title of chairman.

Diversified interim CEO Michael Ansley has stepped down as previously announced during ICV’s cash purchase of the company.

The various deals and deals will leave ICV with 80 Buffalo Wild Wings in five states, making it the largest franchisee of this occasional chain.

“We are very pleased to complete this transaction and are excited to deploy our expertise to help develop the Buffalo Wild Wings brand,” ICV Managing Director Ira Moreland said in a statement.

The units sold to Inspire are located in Florida and Massachusetts.

Inspire is also the franchisor of Jimmy John’s, Arby’s, Sonic Drive-In and Rusty Taco.

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