The company said it has about 6,400 locations, more than 650 franchisees and more than $500 million in system-wide sales. It has been privately held since 2011 when debt forced it into Chapter 11 reorganization. Buckley's LinkedIn page still shows him as Jackson Hewitt's CEO.
In a prepared statement, Prokupek said he planned to work with the corporate team, franchisees and Bayside Capital to accelerate growth. Bayside became the majority owner of the tax store chain when its Chapter 11 plans were confirmed.