Mighty Fine Burgers Fries & Shakes, a five-unit concept, has been acquired by Austin, Texas-based Tc4 & Co. Hospitality, the multi-concept operator announced Thursday.
Terms of the deal were not disclosed.
The new owner is looking to expand Mighty Fine’s locations in Austin and other major Texas cities late this year and early next year, according to a statement.
“Mighty Fine is a natural fit for Tc4’s suburb-rooted brands, which has been a major factor in Tc4’s past and present success,” partner Tony Ciola said.
Tc4 owns and operates seven restaurants in the Austin area, including Tony C’s Coal Fired Pizza and The League Kitchen & Tavern.
Mighty Fine first opened in 2007 and was previously owned by K&N Management.
The restaurant specializes in classic hamburgers, fries and shakes. The concept also features an extensive “local’s menu” with riffs on standard menu items, such as a FOB (flattened out burger) with assorted toppings.
No major changes are planned to Mighty Fine’s concept, the new owners said.
“They have a great operation and we want to sustain what they’ve built,” Ciola said.
The deal is the latest in some early-year acquisition activity. Earlier this week, Peak Rock Capital said it had completed an acquisition of 300-unit Shipley Do-Nuts and Capriotti’s Sandwich Shop purchased fast casual WingZone.