FAT Brands Inc.

Financing

Fat Brands completes $130M purchase of Fazoli’s

The acquisition of the fast casual brings the brand collector to about 2,300 global restaurant locations and an expected $2.2 billion in systemwide sales for 2022.

Operations

Inside Fat Brands' acquisition of Fazoli’s

The Italian fast-casual chain, with its private equity owner, decided to look for a buyer in April before striking a deal with the owner of Johnny Rockets this week, its CEO said.

The owner of Johnny Rockets has agreed to its third major acquisition this year after deals for Twin Peaks and Global Franchise Group.

The owner of Fatburger, Johnny Rockets and several other chains will have $1.8 billion in system sales as a result of the deal.

The deal for the casual dining chain is the second big acquisition agreement the owner of Fatburger and Johnny Rockets has made this year.

Since 2017, Fat Brands has gone from making small deals on the margins to engineering nine-figure acquisitions. It is now 10 times the size it was when the shopping spree began.

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