2025 Axiom Business Book Awards Silver Medalist - Entrepreneurshipsmall Business&34;a Ground-breaking And Definitive Roadmap To Finding Success Through The Dynamic Partnership Of Private Equity And Franchising.&34;-justin Nihiser, Operating Partner, Garnett Station Partnersprivate Equity (pe) Is Profoundly Transforming The Business Of Franchising, As Companies Increasingly Perceive Pe Transactions As An Attractive Alternative To Going Public, And As Investors Realize The Strength And Resilience Of The Franchise Model. In Recent Years, Franchisors And Multi-unit Franchisees Encompassing More Than 700 Brands Have Partnered With Private Capital, Including Subway, Which Announced In 2023 That After Decades Of Independence It Would Be Acquired By Roark Capital Group For More Than 9 Billion. It's Estimated That Private Capital Is Currently Sitting On At Least 1 Trillion Of Dry Powder &8212; Committed Funds That Haven&8217;t Yet Been Deployed.