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Twin Peaks

Financing

Fat Brands completes its $300M purchase of Twin Peaks

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

Financing

Is Andy Wiederhorn overpaying for Twin Peaks?

The multiple Fat Brands is paying for the casual dining chain has raised some eyebrows. But it is indicative of a deal that is different from the company’s other acquisitions, says RB’s The Bottom Line.

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.

After a pandemic pause last year, operators are stepping up food and drink promotions to lure fans as the NFL and college football season kicks off.

Big-name players are realigning top management to provide more flexibility and give additional attention to new revenue streams.

The action accuses the breastaurantchain of functioning like a "sex ring."

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

With Super Bowl Sunday fast approaching, where will consumers flock for wings?

The company says its same-store sales rose 9.4% in the second quarter, thanks in part to its focus on sports.

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