Public Company Consumer

FAT Brands

Beverly Hills, California, United States

FAT Brands (NASDAQ: FAT) is a global franchising company that acquires, markets, and develops fast casual and casual dining restaurant concepts. The company owns multiple restaurant brands and supports franchisees worldwide through in-house operations, construction, purchasing, architecture & design, training, logistics, and marketing.

Focus Areas
Fast casual dining, Casual dining, Restaurant franchising
Website
fatbrands.com

Tracked deals

3

3 tracked deals across 2021-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 divestiture

FAT Brands Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for FAT Brands. 2 2021 1 2023

Supporting Data

Recent Transactions

  • FAT Brands Acquires Smokey Bones Bar & Fire Grill
    September 25, 2023
    Buyer
    FAT Brands Inc.
    Target
    Smokey Bones Bar & Fire Grill
    Seller
    An affiliate of Sun Capital Partners, Inc.
    Industry
    Restaurants & Hospitality
    Location
    Florida, United States
    Type
    Buyout

    FAT Brands Inc. has acquired the Smokey Bones Bar & Fire Grill restaurant chain from an affiliate of Sun Capital Partners for $30 million. The purchase adds 61 corporate Smokey Bones locations across 16 states, is expected to increase adjusted EBITDA by about $10 million, and expands FAT Brands' polished dining portfolio.

  • FAT Brands Acquires Fazoli's from Sentinel Capital Partners
    December 16, 2021
    Buyer
    FAT Brands Inc.
    Target
    Fazoli's Group, Inc.
    Seller
    Sentinel Capital Partners
    Industry
    Restaurants & Hospitality
    Location
    Kentucky, United States
    Type
    Divestiture

    FAT Brands has acquired Fazoli's Group, Inc. from private equity firm Sentinel Capital Partners for an enterprise value of $130 million. Fazoli's, headquartered in Lexington, Kentucky, operates nearly 220 franchised and company-owned quick-service Italian restaurants across the United States; the acquisition expands FAT Brands' portfolio of franchised restaurant concepts.

  • FAT Brands Acquires Twin Peaks for $300 Million
    September 1, 2021
    Buyer
    FAT Brands Inc.
    Target
    Twin Peaks
    Seller
    Garnett Station Partners
    Industry
    Restaurants & Hospitality
    Location
    Texas, United States
    Type
    Buyout

    FAT Brands Inc. agreed to acquire Twin Peaks, a sports-lodge casual dining chain, from Garnett Station Partners for $300 million. The deal, funded with proceeds from a $250 million securitized debt financing and issuance of Series B preferred stock, expands FAT Brands into the polished casual dining / sports-lodge segment and adds 82 locations (with more in development).

Related Acquisition Pages

Restaurants & Hospitality Buyers & Acquisitions 3 tracked deals by FAT Brands. Acquisitions in Florida 1 tracked deal by FAT Brands. Acquisitions in Kentucky 1 tracked deal by FAT Brands. Acquisitions in Texas 1 tracked deal by FAT Brands.

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