In January 2017, Argosy Private Equity and MTN Capital acquired controlling stake in Rita's from Falconhead Capital.
(meta data) TITLE: Firms Purchase Rita's Franchise Company - Restaurant News - QSR magazine (meta data) PUBLISHER: https://www.facebook.com/QSRmagazine/ Continue to Site Skip to main content Guy Fieri's Chicken Joint Gears Up for Growth Lion's Choice Attacks the Labor Battle Head On Fuku's New CEO Forges a Fresh Path for the Chicken Chain # Firms Purchase Rita's Franchise Company Industry News January 3, 2017 News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc. Read MoreRita's Italian Ice Fast Food ## Recent News McDonald's Global HQ Starts Serving Sweet Potato Fries Artichoke Basille's Pizza Opening Oakland Store on August 24 Fazoli's Unveils New Family-Friendly Restaurant Design Marco's Plans 15 More Locations in Denver Market Zaxby's Opens First Location in Arab, Alabama Tally Mac Shack Opening New FSU Campus Locations ## Subscribe to A.M. Jolt The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. ## Tell Us More Thank you for signing up to receive QSR's flagship e-newsletter, A.M. Jolt. To help us better serve the information needs of our audience, please complete the information below. First Name: Last Name: Company: Industry Affiliation: Select from below Allied to Industry Job Function: Select from below CEO / Chief Executive Buyer / Purchasing F&B Operations F&B R&D Training / HR Sales / Marketing Restaurant Manager IT / Systems Franchising / Development Brand Development In addition to A.M. Jolt, we also offer the following e-newsletters and communications. Please mark those you would like to receive. Fast Casual 2.0 - A monthly update on what's happening in the hottest segment of limited service. ## Smart Chain Reports Payment Security and PCI Compliance Point of Sale Solutions Line of Sight Right on Queue Digital Signage Cooking Equipment and Technology Pouring Profits Food Safety ## Topic Portals ## OneSource Find restaurant equipment and suppliers. Start Now!
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Rita's Italian Ice
History.

 In April 2007, Rita's moved its Bensalem headquarters to the Trevose section of Bensalem Township. 
 In 2011, Falconhead Capital purchased a controlling interest in the company from an investment group led by Jim Rudolph. Falconhead named their operating partner Thomas Christopoul as the new chairman and interim chief executive. 
 In 2013, Rita's opened its first location outside of the United States in Shenzhen, China. 
 Rita's has traditionally given out a free regular-sized water ice on the first day of Spring. 
