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CMG Companies
Solomon Dauglas's Company Details
Based out of Dallas, Texas - CMG Companies is a Franchise Times top 25 multi-unit operator of restaurants, retail, and hotels. We operate in 20+ states with approximately 300 restaurants, 90+ retail units and 8 hotels, along with interests in real estate and other commercial investments. Our humble backgrounds and roots are centered in the hospitality space, operating restaurants since 2001 and hotels since 2010.Brands that we are currently involved with are KFC, Taco Bell, Marriott, Hilton, IHG, Genghis Grill, Sonic, and Rent-A-Center to name a few.Although we will continue to grow in restaurants and hotels, today, we are actively looking to diversify outside of the hospitality industry but play into our strengths (ability to successfully operate within a franchise system, desire to scale and roll-up via consolidating smaller franchisees or acquiring corporate units via divestiture, etc.).Based on our analysis - franchise systems within these industries that we have strong interest in are: healthcare, fitness, health & beauty, wellness, retail, sports and automotive services.In terms of where to slot us from an investor type - we are unique in the sense that we have owned and operated our own businesses, invested our own capital and also raised capital from LPs (both institutional and smaller accredited investors).We would say that CMG Companies should be described first and foremost as an Operator with Capital, then as a Small Multi-Family Office, and lastly as an Independent Sponsor since we are looking to partner with institutional capital on a deal by deal basis.CMG Companies is not a legal entity. CMG Companies is a group of separate and independent legal entities.