Realized Investments
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Quiznos
Quiznos is the fastest-growing sandwich restaurant franchisor in the U.S., according to Nation's Restaurant News, with over 54,000 units in operation and systemwide sales of over $1.25 billion. Headquartered in Denver, CO, Quiznos positions itself as a higher quality alternative to other Quick Service Restaurant (QSR) and sandwich concepts with its innovative product offerings.
In August 2005, CIC Partners led a significant recapitalization to partner with management in continuing the Company's growth and leadership in the QSR segment. Shortly thereafter, the company executed a second recapitalization led by JP Morgan Partners in May 2006, providing CIC and its investment partners a highly attractive return to all shareholders.