Goldman Sachs Merchant Banking Division Takes Significant Stake in Zaxby's
November 18, 2020
Investment funds managed by the Goldman Sachs Merchant Banking Division will acquire a significant stake in Zaxby's Operating Company L.P., providing long-term capital to support accelerated growth and expansion into new sales channels. The partnership will help Zaxby's scale nationally from its base of more than 900 restaurants (17 states), and the deal was expected to close by year-end 2020.
- Buyers
- Goldman Sachs Merchant Banking Division (Goldman Sachs)
- Targets
- Zaxby's Operating Company L.P. (Zaxby's)
- Industry
- Restaurants & Hospitality
- Location
- Georgia, United States
- Transaction Type
- Growth capital
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