Grand Mere Restaurant Group

Grand Mere Restaurant Group was founded in 2017 by Victor Heutz and Michael Cherney to pursue a growth strategy within the restaurant sector. Michael and Victor's vision was to create a growth-oriented, best-in-class restaurant company that combined the founder's unique experiences and successes in the restaurant industry and the investment industry. In October 2017, the Company acquired 23 underperforming Pizza Hut restaurants in Kansas and Missouri. Utilizing a playbook developed by Victor over 25+ years working in a variety of roles at many different companies, Grand Mere transformed the management and store-level culture of its first stores, which resulted in a significant and rapid operational and financial turnaround. Capitalizing on these early successes, the Company grew rapidly and very quickly became a leading operator in Pizza Hut. Since then the Company has grown to become a leading franchisee in the system with nearly 150 stores and 3,000+ employees. Its restaurants are top performers in the Pizza Hut system across nearly all operational and financial metrics. Its founders and operational leaders are considered go-to tactical and strategic leaders across all facets of the system.