City Capital Ventures Majority Investment in Rackson Restaurants
January 21, 2021
City Capital Ventures (CCV) has made a majority investment in Rackson Restaurants, a Bridgewater, New Jersey-based Burger King and Popeyes franchisee operating 55+ quick-service restaurants across six Northeastern and Mid-Atlantic states. The investment brings an investor group that includes Saxonwold Capital (led by Rob Selati) and will support Rackson's plan to scale as a multi-branded QSR platform across the Northeastern U.S.; MUFG provided senior debt financing.
- Buyers
- City Capital Ventures, LLC, Saxonwold Capital
- Targets
- Rackson Restaurants
- Industry
- Restaurants & Hospitality
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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