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Nik Bhakta

Founding Principal at CMG Companies

Nik Bhakta is the Founding Principal of CMG Companies, a diverse investment firm established in August 2001, focusing primarily on the multiunit and franchise sectors across various industries including restaurants, hotels, retail, and real estate. Under Nik Bhakta's leadership, the company has formed partnerships with notable brands such as KFC, Taco Bell, and Marriott. Prior to this role, Nik Bhakta served as Chief Operating Officer at Genghis Grill from 2004 to 2014. Nik Bhakta earned a Bachelor of Arts in Multi/Interdisciplinary Studies from The University of Texas at Dallas between 1998 and 2001.

Location

Dallas, United States

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CMG Companies

CMG Companies is a collection of separate and independent entities, holding controlling investments predominantly in the multi-unit and franchise sector, spanning restaurants, hotels, retail, sports, automotive, and real estate industries. We have partnered with or are currently associated with several renowned brands, including KFC, Taco Bell, Marriott, Hilton, IHG, Sonic, Little Caesars, Rent-A-Center, Ace Hardware, and Valvoline, among others. While continuing to expand in the restaurant and hotel industries, we are also keen on diversifying and leveraging our strengths. These include our proven ability to operate successfully within a franchise system, our desire to scale and consolidate by rolling up smaller franchisees, acquiring corporate units through divestiture, and embarking on new unit development. Our interest lies in franchise systems across various sectors, including fitness, health & wellness, niche retail, specialty food, sports, automotive, business services, and home services, based on our analysis. From an investment standpoint, CMG Companies is unique. We have not only owned and operated our businesses but have also invested our own capital and raised funds from limited partners (LPs), including both institutional investors and high-net-worth accredited individuals. CMG Companies should primarily be recognized as an operator, then as a sponsor investing its own capital, and finally as a family office with a group of partners that invest together. We operate with a partnership model, focusing on long-term investments characterized by a patient approach. CMG Companies is not a legal entity. CMG Companies is a group of separate and independent legal entities.