CASE SUMMARY
Burger King previously known as insta-burger king, currently was the second largest hamburger franchise chain in the world after Mc Donald. This fast food chain was established by Keith Kramer and Matthew burns on 1953. In 1955, after facing financial difficulty this company was sold to Miami based franchised and being renamed Burger King by its new owner called James Mclamore and David Edgerton. In 1989, this company bought by diego a British Spirit company. Under Diego management BK has fall off in the business because of poor performance. To avoid from further loses, Diego has sell it to a partnership private equity firm led by TPG capital in 2002.