US Based, CMG Companies Honoured with Franchisee of the Year Award by IFA
                     US Based, CMG companies H
onoured with Franchisee of the ye
ar Award by IFA
CMG Companies is a dynamic business organization 
led by six energetic entrepreneurs that make private 
equity investments with a focus on multi-unit and 
franchising.
Plano, TX - CMG Companies led by Al Bhakta, Ron 
Parikh, and Nik Bhakta is a group of separate and 
independent entities with investments in the multi-unit 
and franchise space. They are primarily focused in the 
restaurant, hotel, retail, sports and real estate sectors. 
The company is based out of Dallas, Texas and is a 
Franchise Times top 25 multi-unit operator. CMG 
Companies (CMG) is a dynamic business organization 
led by six energetic entrepreneurs.
CMG Companies has won the Franchise of the Year 
award from the International Franchise Association. 
This award represents companies across all industries 
from communities around the country and recognizes 
outstanding franchise establishment owner-operators. 
The award recognizes leading franchisees which 
exemplify at least one of the core pillars set by the IFA. 
Franchising is important as it has led the US economic 
recovery in 2021 with its exceptional job and business 
growth. 
“The industry on average provides better benefits and 
higher wages in comparison to non-franchised 
businesses,” said the President and CEO of the 
International Franchise Association. 
Nik Bhakta - CMG Companies
“These entrepreneurs have played a tremendous role in 
the growth of this business model and they are 
awarded for it. The future of franchising is bright, 
thanks to hard working entrepreneurs that are being 
recognized today” at an event where Al Bhakta, Nik 
Bhakta and Ron Parick from CMG Companies were 
recognized.
 CMG Companies is unique because they have owned 
and operated their own businesses, invested their own 
capital and raised capital from limited partners from 
both institutional and smaller accredited investors.
Reference Links
Nik Bhakta - A Founding Member of CMG Companies
Nik Bhakta: Key Leadership Skills That You Have To 
Master
Nik Bhakta - CMG’s Real Estate Development
Nik Bhakta - Principal of CMG Companies