High Bluff Capital Partners and FS Investments to Acquire Church's Chicken from FFL Partners

Roark Capital Group Acquires Majority Stake in Dave's Hot Chicken

June 11, 2025

Restaurants & Hospitality

Roark Capital Group has acquired a majority stake in Los Angeles-based fast-casual chain Dave's Hot Chicken in a deal reported at roughly $1 billion. The founders and senior leadership will remain in place as Roark positions the brand for accelerated domestic and international franchised growth leveraging its restaurant portfolio and supply-chain capabilities.

Brentwood Associates Acquires Majority Interest in Chicken Salad Chick from Eagle Merchant Partners

November 4, 2019

Restaurants & Hospitality

Brentwood Associates has acquired a majority interest in SSRG Holdings, LLC (Chicken Salad Chick) from Eagle Merchant Partners. The fast-casual chain — led by CEO Scott Deviney and operating 137 locations across 16 states as of the announcement — will continue to pursue growth and geographic expansion; transaction terms were not disclosed.

Value Foodservice Acquires 11 KFC Restaurants

December 11, 2024

Restaurants & Hospitality

Value Foodservice LLC (VFS), backed by BlackBern Partners LLC, has acquired 11 Kentucky Fried Chicken restaurants in Kentucky and Tennessee—mostly in the greater Nashville area—bringing VFS's total KFC count to 59 locations nationwide. The deal is an add-on acquisition for the PE-backed VFS platform as it continues geographic expansion and consolidation in the quick-service restaurant market.

St. Cloud Capital and AIM Capital Back AIM QSR to Fund Acquisition of 55 Chicken QSR Restaurants

July 8, 2024

Restaurants & Hospitality

Los Angeles-based St. Cloud Capital has made a growth-capital investment in AIM QSR, LLC (branded TICE), a Miami-area franchisee of a leading chicken QSR brand, alongside AIM Capital and a consortium of family investors. The financing helped fund AIM QSR’s acquisition of 46 restaurants in Florida and 9 in Alabama as the company builds a regional multi-unit QSR platform.

AssuredPartners Acquires Fred C. Church, Inc.

January 5, 2022

Insurance

AssuredPartners, Inc. has acquired Fred C. Church, Inc., an insurance agency based in Lowell, Massachusetts. The 160-person agency, which reports $37 million in annualized revenues, will remain led by President and Chairman Mike Reilly and will expand AssuredPartners' footprint in New England.

Houchens Industries Acquires 10 Slim Chickens Franchise Locations and Kentucky Development Rights from Harold Wallace Group

September 26, 2022

Restaurants & Hospitality

Bowling Green-based Houchens Industries acquired 10 operating Slim Chickens franchise locations and the rights to develop 29 additional Slim Chickens sites across Kentucky from a group led by Tennessee franchisee Harold Wallace. The deal expands Houchens’ Slim Chickens footprint to a total of 42 locations and supports the company’s broader restaurant franchising growth in Kentucky.