---
title: "Report: Bojangles’ is Considering a Sale"
url: https://burnaze.com/article/032e1310-6313-4276-af8a-7899fa160273
source: "1851 Franchise"
original_url: https://1851franchise.com/report-bojangles-is-considering-a-sale-2708027
category: "Chicken"
industry: "Restaurants"
segment: "Chicken"
topics: ["Finance & M&A"]
published: 2018-10-01T20:15:01.000Z
modified: 2026-11-01T04:08:35.911Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/81174d0ec86e9b36d200a84caa9e51424551.jpg
---

# Report: Bojangles’ is Considering a Sale

**TL;DR:** Bojangles' is considering a sale, exploring strategic alternatives with the help of Bank of America. The restaurant chain is owned in part by Advent International Corp, which owns just over half of the 766-unit chain.

*originally published in 1851 Franchise on 2018-10-01. [Read the original](https://1851franchise.com/report-bojangles-is-considering-a-sale-2708027).*

## Story

Southeastern fried chicken staple Bojangles’ is considering a sale, according to a Reuters report. Sources familiar with the matter told Reuters the restaurant chain was exploring strategic alternatives that included a potential sale as the industry turns more to consolidation.

According to the report, Bojangles’ is working with Bank of America as it seeks potential buyers, but a sale is not a foregone conclusion. Private equity firm Advent International Corp owns just over half of the 766-unit chain with 441 franchised locations. News of the possible sale propelled the brand’s shares to a 10 percent increase on Friday, Reuters noted.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- private equity (topic)
- Bojangles (company)
- Reuters (company)
- consolidation (topic)
- potential sale (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/report-bojangles-is-considering-a-sale-2708027). Summarized by Burnaze (https://burnaze.com/article/032e1310-6313-4276-af8a-7899fa160273).