TAMPA, FLA. — Checkers Drive-In Restaurants, Inc. has been sold by Wellspring Capital Management, L.L.C., to Sentinel Capital Partners, a New York-based private equity firm that invests in lower middle market companies. Terms of the stock purchase agreement were not disclosed.

Checkers Drive-In Restaurants, Inc. operates approximately 800 Checkers and Rally’s restaurants. Wellspring Capital acquired the brands in 2006.

Sentinel Capital Partners’ restaurant portfolio also includes Huddle House, an Atlanta-based family dining chain. Previously, the firm has held a controlling interest in Tony Roma’s, a casual dining chain specializing in ribs.