Tilted Kilt Pub and Eatery to Be Acquired

TEMPE, Ariz., July 17, 2018 /PRNewswire/ -- Tilted Kilt Pub & Eatery®, a sports Pub where "A Cold Beer Never Looked So Good®" is on the brink of being acquired. ARC Group, Inc. (OTC: ARCK), the owner, operator and franchisor of the award-winning Dick's Wings & Grill® concept, announced its intention to purchase the sports pub franchise.

ARC Group was formed in April 2000 to develop the Dick's Wings & Grill concept, and currently serves as owner, operator and franchisor of the Dick's Wings brand of restaurants. The ARC Group is led by CEO Richard Akam.

ARC Group, Inc. and the owners of Tilted Kilt have begun to execute agreements for the sale of Tilted Kilt to SDA Holdings, LLC, a company owned by Fred W. Alexander, who is a member of the Board of Directors of ARC Group. ARC Group intends to enter into an agreement with SDA Holdings within the next couple of weeks to acquire Tilted Kilt from SDA Holdings.

"Clearly the Titled Kilt brand is well recognized and an original pace setter in the category. We are looking forward to amplifying our strengths throughout the franchise system and a return to delivering great customer experiences," said Ketan Pandya, Vice President of Franchise Relations for ARC Group, Inc.

Former Tilted Kilt President Ron Lynch will continue on as a consultant to the company over the next year during the transitional period.  Lynch has been President and CEO since 2005, when Tilted Kilt started with three non-franchised locations. Over the next 60 to 90 days, Lynch and ARC Group will lay out a refined strategy and action plan for the brand.

"ARC Group recognizes the unlocked potential of the Tilted Kilt brand and has already begun phase one of their turn-around plan," said Lynch. "Teams within ARC Group are meeting with franchisees, vendors, partners, and industry insiders to amplify their unique differentiators, bring focus to operational challenges, and formulate a new-invigorated growth plans—we are confident their industry knowledge will help lead Tilted Kilt to success."

Founded in the Rio Hotel in Las Vegas in 2003, Tilted Kilt Pub and Eatery roughly 50 locations in operation Worldwide and boasts a wide array of sports, traditional pub food, drinks and the famed Tilted Kilt girls, all under one roof. Combined with pool tables, large TVs, and additional amenities, Tilted Kilt is the best place to watch sports and hang out with friends. Humorous and slightly bawdy limericks are seen throughout the pub, creating an atmosphere that is fun and entertaining.

For more information about the Tilted Kilt Franchise, please visit http://tiltedkilt.com/franchising/.

About Tilted Kilt

Tilted Kilt Pub and Eatery, known as "The Best Looking Sports Pub You've Ever Seen," has 47 units in operation throughout the U.S. and Canada, with additional 3 pubs in various stages of development. Tilted Kilt is uniquely different than other sports bars because of its fun pub experience. The Pubs feature dozens of large, HDTVs and big screens to deliver a premium sports viewing experience. Every Pub has 30+ draught and bottled beers along with excellent tasting, high quality menu items served to you by the World Famous Kilt Girls®. The Tilted Kilt Girls and Guys are inviting and represent the comfortable atmosphere while simultaneously demonstrating a high level of service in the industry. The brand's slogan "A Cold Beer Never Looked So Good."® personifies the Fun, Food, Spirits and Sports that the Tilted Kilt is well-known for bringing to pub guests in both the United States and Canada.

About ARC Group, Inc.

ARC Group, Inc., headquartered in Jacksonville, Florida, is the owner, operator and franchisor of the Dick's Wings & Grill concept.  Now in its 23rd year of operation, Dick's Wings prides itself on its award-winning chicken wings, hog wings and duck wings spun in its signature sauces and seasonings.  Dick's Wings has 15 restaurants in Florida and five restaurants in Georgia.  It also has two concession stands at TIAA Bank Field (formerly EverBank Field), home of the NFL's Jacksonville Jaguars, as well as a concession stand at Jacksonville Veterans Memorial Arena, home of the National Arena League's Jacksonville Sharks.

MEDIA CONTACT: Kelly McNamara, Fishman Public Relations, 847-945-1300, [email protected]      

SOURCE Tilted Kilt Pub & Eatery

Related Links

http://tiltedkilt.com/