Princeton Equity Group Completes Sale of IFPG to CNL Strategic Capital
Deal News | Jul 09, 2025 | Akin Gump Strauss Hauer & Feld
Akin Gump Strauss Hauer & Feld advised Princeton Equity Group on the sale of International Franchise Professionals Group (IFPG) to CNL Strategic Capital. Princeton Equity Group is a private equity firm that focuses on partnering with growth franchisors and businesses with multiple locations. IFPG is recognized as the largest technology-enabled membership network and marketplace focused on connecting franchisors, franchise consultants, and vendors. CNL Strategic Capital, an investment vehicle co-managed by Levine Leichtman Capital Partners, will acquire IFPG. The Akin team involved a comprehensive mix of legal experts from various fields to facilitate this transaction. Leading this legal advisory service was corporate partner Thomas Yang along with several specialized partners and associates overseeing different facets such as tax, real estate, labor and employment, intellectual property, and more.
Sectors
- Private Equity
- Franchising
- Legal Services
Geography
- United States – The companies involved in this transaction, including Princeton Equity Group, IFPG, and CNL Strategic Capital, are based in the United States.
Industry
- Private Equity – The transaction involves Princeton Equity Group, a private equity firm involved in the sale of IFPG, indicating the role of private equity as the seller.
- Franchising – International Franchise Professionals Group (IFPG) operates in the franchising industry as a network connecting franchisors and franchise consultants.
- Legal Services – Akin Gump Strauss Hauer & Feld provided legal advisory services for the transaction, showcasing the role of law firms in facilitating M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Akin Gump Strauss Hauer & Feld | Legal Advisor | Company | A prominent law firm providing legal advisory services for the transaction. |
| Princeton Equity Group | Seller | Company | A private equity firm focusing on franchisors and multi-location businesses. |
| International Franchise Professionals Group (IFPG) | Target Company | Company | A technology-enabled membership network and marketplace for franchising. |
| CNL Strategic Capital | Buyer | Company | An investment vehicle sub-managed by Levine Leichtman Capital Partners. |
| Levine Leichtman Capital Partners | Sub-manager | Company | A firm involved in the management of CNL Strategic Capital's investment activities. |