<p class="column small-12 medium-10 medium-offset-1 large-offset-2 text size-1x-large line-height-large _10M0Ygc4" data-reactid="211">Drive-thru hamburger purveyor Checkers Drive-In Restaurants is being acquired in a $525 million transaction between a pair of private-equity firms.</p>
<p data-reactid="213">New York-based Oak Hill Capital Partners is buying the restaurant chain from another NY-based firm called Sentinel Capital Partners in a deal that will result in changing ownership for a 31-year-old chain that operates 840 locations across 29 states and in D.C. The company is a quick-service restaurant that competes with the likes of McDonald's and Burger King by selling burgers, chicken sandwiches, hot dogs, fries and shakes.</p>