Carrols

Syracuse, United States Founded: 1960 • Age: 66 yrs Listed Acquired By Restaurant Brands International
Restaurant chains are operated by Carrols in the United States.

About Carrols

Carrols is a company based in Syracuse (United States) founded in 1960, and was acquired by Restaurant Brands International in January 2024. Restaurant chains are operated by Carrols in the United States. The company has 2,635 employees. Carrols has completed 1 acquisition, including Republic Foods. Its website carrols.com draws about 30 thousand monthly visits. Carrols offers products and services including Burger King Restaurants and Employee and Policy Services. Its legal entity is Carrols Restaurant Group, LLC.

Company details

Carrols was founded in 1960 and is headquartered in Syracuse, United States. The company functions as an operator of restaurant chains within the food service sector. Multiple restaurant locations are managed across various regions, with dining services provided to customers. Operations emphasize chain management and franchise oversight. The official domain, carrols.com, is maintained for company information and resources.

  • Headquarters Syracuse, United States
  • Employees 2,635
  • Stage Acquired
  • Website category Food and Drink · Restaurants and Delivery
  • Email
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  • Phone
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  • Website carrols.com
  • Social LinkedIn X
  • Acquired by Restaurant Brands International (Jan 2024)
  • Legal Name Carrols Restaurant Group, Llc
Key Metrics

Products & Services of Carrols

Carrols offers a comprehensive portfolio of products and services, including Burger King Restaurants and Employee and Policy Services.

Burger King Restaurants
Food Services

Over 1,000 Burger King restaurants are operated for serving fast food items

Employee and Policy Services
Support Services

Various policies and portals are provided for employees, including anti-discrimination measures and biometric information handling

Funding Insights of Carrols

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $200M
  • First Round $150M

    (May 2012)

All 2 funding rounds of Carrols with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2015$200MDebt – Conventional––
–
May 2012$150MDebt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Carrols

Carrols has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Restaurant Brands International.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Quick-service restaurant brands are operated on a global scale.
2014rbi.comToronto, Canada
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Investor details for Carrols

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  • Round participation
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People of Carrols

68 people are tracked at Carrols (13 in leadership, 8 in board & advisors, 47 in team); the tracked headcount is 2,635.

NameRoleGroup
Gary McQuillan
VP, Strategic Procurement & Operations SupportLeadership
Joseph Hoffman
PresidentLeadership
Ahmad Filsoof
VP, Strategic InitiativesLeadership
Gerald J. Digenova
VP, Human ResourcesLeadership
Eileen B.
Director Of MarketingLeadership
Gregory W. Buczacki
Director Of OperationsLeadership
Jason Gothard
Regional Director Of OperationsLeadership
Mike O'Connor
Senior Division DirectorLeadership
Dave Kadel
Region DirectorLeadership
Liz Smith
Division Vice PresidentLeadership
Chuck Boone
Region DirectorLeadership
William Myers
Vice PresidentLeadership
Blair Pearlstein
Director Of OperationsLeadership
Hannah Craven
DirectorBoard & advisors
Thomas B. Curtis
DirectorBoard & advisors
John D. Smith
DirectorBoard & advisors
David Harris
ChairmanBoard & advisors
Matthew Perelman
DirectorBoard & advisors
Alexander Sloane
DirectorBoard & advisors
Deborah M. Derby
DirectorBoard & advisors

48 more people are available in the full profile.

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Investments & Acquisitions by Carrols

Carrols has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Republic Foods.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Food and beverage packaging services are provided globally.
republicfoods.comRockville, United States1982Jun 2017β€’β€’β€’β€’
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Complete acquisition details for Carrols

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  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Carrols

6 dated milestones of Carrols across 64 years, from founding to its latest funding, stage changes and deals.

  1. Founded Carrols is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $150.0M.
  4. Funding Latest funding round, Debt – Conventional, of $200.0M.
  5. Acquisition Acquires Republic Foods.
  6. Exit Acquired by Restaurant Brands International.

Web traffic of Carrols

The website of Carrols (carrols.com) receives about 29.5K visits a month and ranks #471,115 among all websites worldwide, #3,624 in Restaurants and Delivery.

  • Monthly visits
    29.5K

    ▼ 21.4% vs previous month

  • Unique visitors
    16.9K

    per month

  • Global rank
    #471,115

    among all websites

  • Category rank
    #3,624

    Food and Drink · Restaurants and Delivery

Similar websites

Websites whose visitors overlap most with Carrols. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carrolscreek.com
carrolscreek.com
100%
#4,461,863–
meritagehospitality.com
100%
11.7K#1,857,712View details
brginc.com
brginc.com
100%
#9,075,669–
fridays.com
100%
View details
lubys.com
100%
64.5K#284,979View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Carrols

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Frequently Asked Questions about Carrols

Carrols was founded in 1960 and raised its 1st funding round 52 years after it was founded.

Carrols is headquartered in Syracuse, United States. It is registered at Syracuse, New York, United States.

Carrols has 2,635 employees.

Carrols was founded in 1960 and is headquartered in Syracuse, United States. The company functions as an operator of restaurant chains within the food service sector. Multiple restaurant locations are managed across various regions, with dining services provided to customers. Operations emphasize chain management and franchise oversight. The official domain, carrols.com, is maintained for company information and resources.

Carrols offers Burger King Restaurants and Employee and Policy Services.

Carrols has made 1 acquisition, including Republic Foods.

Carrols has 1 investor. Key investors include Restaurant Brands International.

Carrols operates through Carrols Restaurant Group, Llc.

Yes. Carrols was acquired by Restaurant Brands International in January 2024.

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