As private equity firms continue to invest in franchise systems and multi-unit operators, legal advisors face unique challenges at the intersection of M&A, regulatory compliance, and brand management. This panel will explore the key legal considerations in structuring and executing franchise-related transactions. Topics will include due diligence of franchisor and franchisee operations, regulatory risks under applicable “franchise rules” and state laws, issues in unit economics and franchise agreement enforceability, negotiating management and development rights, and navigating the dynamics between franchisors and franchisees post-acquisition. Panelists will also discuss strategies for maximising value in platform roll-ups and exit planning in the franchise context. This session is essential for attorneys and deal professionals advising private equity sponsors on franchise investments.