Tracked deals
9
9 tracked deals across 2020-2026.
Restaurants & Hospitality Buyers & Acquisitions in North Carolina
Buyer mix
Mixed buyer set
7 pe · 5 investor
Top trend
Volume peaked in 2025
2 tracked deals announced in 2025.
Primary Insight
What Stands Out
- Airport concessions, drive-thru coffee, and event catering appear alongside more traditional restaurant acquisitions—showing subsector breadth within Restaurants & Hospitality.
- Recurring investor/owner types include principal firms and multi-brand franchisors (e.g., Crestview Partners, Garnett Station Partners, BRIX Holdings, LLC).
- Several deals emphasize scaling beyond a single location set, including expansion plans across additional U.S. markets.
- Portfolio-building shows up in both brand rollups and operational acquisitions, such as BRIX Holdings, LLC bringing Clean Juice into a larger franchising footprint.
| Buyer example | What’s being acquired | Deal theme |
|---|---|---|
| Crestview Partners | Tailwind Hospitality, Inc. | Airport concessions expansion |
| Dutch Bros Inc. | Clutch Coffee Bar | Regional drive-thru scale |
| Eyas Capital | BOJ of WNC LLC | Franchisee consolidation/footprint growth |
| BRIX Holdings, LLC | Clean Juice | Multi-brand franchising expansion |
Build a buyer list for your Restaurants & Hospitality deal
Find buyers actively acquiring restaurants & hospitality companies.
Find buyers like these for your dealBuyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| AltitudeX Aviation Group | 1 | Firm of former senior aviation executives focused on midd... | Strategic |
| BRIX Holdings, LLC | 1 | Dallas-based multi-brand franchising and restaurant portf... | Strategic |
| Brentwood Associates | 1 | Growth-oriented private equity firm focused on consumer, ... | PE |
| CCMP Growth Advisors | 1 | Growth-oriented middle-market private equity firm focused... | PE |
| Continental Grain Company | 1 | Privately owned global investor, owner and operator acros... | Investor |
| Crestview Partners | 1 | Middle-market private equity firm focused on industrials,... | PE |
| Dutch Bros Inc. | 1 | U.S. quick-service beverage chain/operator focused on gro... | Strategic |
| Eyas Capital | 1 | Hospitality management and investment firm focused on con... | PE |
| Focus Impact Partners, LLC | 1 | Mission-driven private investment firm that invests capit... | PE |
| Garnett Station Partners, LLC | 1 | New York-based principal investment firm managing ~ $2 bi... | PE |
Acquisition Volume in Restaurants & Hospitality in North Carolina by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
February 2, 2026
- Buyer
- Crestview Partners, AltitudeX Aviation Group, Members of Tailwind's existing management team
- Target
- Tailwind Hospitality, Inc.
- Seller
- Palladin Consumer Retail Partners
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
Crestview Partners has acquired Tailwind Hospitality, an airport concessions operator, from Palladin Consumer Retail Partners. Crestview is investing alongside AltitudeX Aviation Group and members of Tailwind’s management; Tailwind will remain led by CEO Jeff Switzer and will pursue further organic and acquisition-driven expansion across U.S. airports.
-
January 1, 2026
- Buyer
- Dutch Bros Inc.
- Target
- Clutch Coffee Bar
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
Dutch Bros Inc. acquired Clutch Coffee Bar, a regional drive-thru coffee operator with 20 locations across North Carolina and South Carolina. The transaction closed in January 2026, with Armory Securities serving as Clutch Coffee’s exclusive financial advisor.
-
September 22, 2025
- Buyer
- Eyas Capital
- Target
- BOJ of WNC LLC
- Seller
- Jeff Rigsby
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
Eyas Capital has acquired BOJ of WNC LLC, the largest Bojangles franchisee group led by Jeff Rigsby, in a deal that includes a portfolio of 120 locations across six states. Eyas plans to expand the Bojangles footprint in the Cincinnati and Columbus markets and integrate the brand into its hospitality investment portfolio.
-
December 3, 2024
- Buyer
- CCMP Growth Advisors, Stellus Capital Management
- Target
- Combined Caterers
- Seller
- Falfurrias Capital Partners
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
CCMP Growth Advisors has acquired Combined Caterers, a premium event management and catering services provider headquartered in Charlotte, North Carolina. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction, while Falfurrias Capital Partners exited its investment; Combined Caterers' management (CEO Justin King and CFO/COO Melissa Sutherland) will remain significant shareholders.
-
April 26, 2024
- Buyer
- BRIX Holdings, LLC
- Target
- Clean Juice
- Seller
- Clean Juice, Landon Eckles, Kat Eckles
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
BRIX Holdings, a Dallas-based multi-brand franchising company, has acquired all assets of Clean Juice, the USDA-certified organic juice bar franchise founded by Landon and Kat Eckles. The deal brings more than 75 existing Clean Juice locations (plus 10+ in development) into BRIX’s portfolio, expanding the company's national footprint of brands to over 300 locations.
-
- Buyer
- Garnett Station Partners, LLC
- Target
- Firebirds Wood Fired Grill
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Recapitalization
Garnett Station Partners, a New York-based principal investment firm, has acquired and recapitalized Firebirds Wood Fired Grill, a polished-casual dining chain founded in Charlotte, North Carolina. Financial terms were not disclosed; Garnett Station said the recapitalization will provide strategic capital to accelerate Firebirds' growth and development across its 56 locations in 20 states.
-
- Buyer
- Focus Impact Partners, LLC, Meaningful Partners LLC
- Target
- Skiptown
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Growth capital
Focus Impact Partners, LLC and Meaningful Partners LLC made a strategic growth investment in Skiptown to fund expansion and new location openings. The investment includes a board appointment of Steve King and will support Skiptown’s multi-unit scaling of its pet services and experiential venues; terms were not disclosed.
-
- Buyer
- Brentwood Associates, Continental Grain Company, Portfolio Advisors, LLC, Pine Mountain Ventures, LLC
- Target
- Hissho Sushi
- Seller
- Jeff Vinik, Ingleside Investors, Philip Maung, Beem Holdings, Management
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Buyout
Brentwood Associates has acquired a majority interest in Hissho Sushi, partnering with Continental Grain Company and co-investors Portfolio Advisors, LLC and Pine Mountain Ventures. The transaction, which buys ownership from Jeff Vinik, Ingleside Investors, founder Philip Maung, Beem Holdings and management, will keep the existing management team in place to drive further growth across Hissho's >2,000 distribution points nationwide.
-
- Buyer
- MOD Super-Fast Pizza Holdings, LLC (MOD Pizza)
- Target
- 13 MOD Pizza locations in North Carolina (Charlotte, Wake Forest, Raleigh, Fayetteville, Asheville)
- Seller
- SD Holdings
- Industry
- Restaurants & Hospitality
- Location
- North Carolina, United States
- Type
- Divestiture
MOD Super-Fast Pizza Holdings, LLC (MOD Pizza) acquired 13 previously franchised MOD Pizza locations across North Carolina from franchisee SD Holdings, which had filed for bankruptcy. The company assumed control of the stores (in Charlotte, Wake Forest, Raleigh, Fayetteville and Asheville), offering employment to eligible staff and expanding its company-owned portfolio in the state.
Build a buyer list for your Restaurants & Hospitality deal
Find buyers actively acquiring restaurants & hospitality companies.
Frequently Asked Questions
Which types of hospitality businesses are being acquired in North Carolina?
Deals span restaurant and food concepts (including drive-thru coffee) as well as hospitality-adjacent operators like airport concessions and event management/catering.
Are there acquisitions focused on multi-location operators?
Yes. Several transactions involve expanding or consolidating sizable multi-unit footprints, including operators with location counts across multiple markets.
Do financing partners show up alongside the lead buyer in these deals?
In at least one case, the buyer structure includes senior debt financing and equity co-investment (for example, Stellus Capital Management supporting CCMP Growth Advisors for Combined Caterers).
What roles do strategic buyers and franchisors play?
Strategic operators and franchising-focused groups appear as buyers, such as Dutch Bros Inc. and BRIX Holdings, LLC, each acquiring concepts to extend their operating and brand footprints.
Related Acquisition Pages
Restaurants & Hospitality Buyers & Acquisitions
Restaurants & Hospitality Buyers & Acquisitions in Canada
Private Equity-Backed Restaurants & Hospitality Buyers
Restaurants & Hospitality Acquisitions in 2026
Restaurants & Hospitality Acquisitions in 2025
Restaurants & Hospitality Acquisitions in 2024
Restaurants & Hospitality Acquisitions in 2023
Restaurants & Hospitality Acquisitions in 2022
Restaurants & Hospitality Acquisitions in 2020
Acquisitions in North Carolina
Private Equity-Backed Acquisitions in North Carolina
Acquisitions in North Carolina in 2026