Logan’s Roadhouse has quietly changed hands.
SPB Hospitality sold the steakhouse chain to SSCP Management, which owns Cicis Pizza, Corner Bakery and Roy’s and also operates dozens of Applebee’s and Sonic restaurants.
Terms of the deal were not disclosed.
Houston-based SPB confirmed the sale on Wednesday. It said it will allow the company to refocus on its upscale-casual brands, including J. Alexander’s, Stoney River and the Jose Garces concepts Amada and Village Whiskey. SPB also owns the fast-food chain Krystal.
Logan’s joined SPB in June of 2020 as part of a deal for CraftWorks Holdings that also included Old Chicago Pizza and several brewery concepts.
SPB has now sold all of those brands, starting with the breweries in 2024 followed by Old Chicago last July and now Logan’s.
“The company is confident Logan’s Roadhouse is well-positioned for continued success under SSCP’s ownership and leadership,” SPB said in a statement.
For SCCP, Logan’s expands its portfolio into the casual-dining steak category and marks its third acquisition in five years.
The Dallas-based company was largely known as an Applebee’s franchisee when it partnered with Gala Capital to acquire Cicis out of bankruptcy in 2021. It then acquired Corner Bakery out of bankruptcy in 2023.
It had previously acquired the Roy’s polished-casual chain from Bloomin’ Brands in 2015.
SSCP has worked to revive Cicis and Corner Bakery post-bankruptcy, and those efforts have shown some early signs of success.
It could have similar plans for Logan’s Roadhouse, where sales declined 10% from 2021 to 2024 and 11 locations closed, according to Technomic data.
As of the end of 2024, Logan’s had 125 restaurants and was the seventh-largest casual steak chain in the U.S. by sales. Sales declined 3.2% to $375.3 million, per Technomic.
In August, then-SPB CEO Josh Kern told Restaurant Business that Logan’s had invested in better steaks and was boosting training to ensure employees were preparing them correctly.
Kern has since moved on to become CEO of breakfast chain Snooze. He was replaced at SPB by industry veteran G.J. Hart, who was most recently the CEO of Red Robin.
SSCP had not responded to a request for comment as of publication time.
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