--- title: "Multi-Brand Operator Teams With Corlex Capital In 23-Unit Wingstop Deal" url: https://burnaze.com/article/5d1090df-4a49-44cf-be55-0bb7d5107a3e source: "Franchising.com" original_url: https://www.franchising.com/articles/multibrand_operator_teams_with_corlex_capital_in_23unit_wingstop_deal.html author: "Multi-Unit Franchisee" category: "Chicken" industry: "Restaurants" segment: "Chicken" topics: ["Development & multi-unit"] published: 2021-01-18T09:15:00.000Z modified: 2026-11-01T01:17:50.635Z image: https://imgs.franchising.com/art/articles/5733_plate.jpg --- # Multi-Brand Operator Teams With Corlex Capital In 23-Unit Wingstop Deal **TL;DR:** Prospect Capital Restaurants partnered with Corlex Capital to acquire 10 Wingstop restaurants and develop or acquire 13 more. The acquisition of the first nine restaurants closed late last year, and another location in Indianapolis was added to the portfolio on January 6. *By Multi-Unit Franchisee, originally published in Franchising.com on 2021-01-18. [Read the original](https://www.franchising.com/articles/multibrand_operator_teams_with_corlex_capital_in_23unit_wingstop_deal.html).* ## Story - Mergers and Acquisitions : Prospect Capital Restaurants has partnered with private equity firm Corlex Capital to acquire 10 Wingstop restaurants in two markets and signed an agreement to develop or acquire an additional 13 restaurants with the brand. Prospect Capital Restaurants is a multi-unit, multi-brand operator with more than two dozen locations including Jersey Mike’s, Booskerdoo, and Wingstop. The acquisition of the first nine restaurants closed late last year, and another location in Indianapolis was added to the portfolio on January 6. The partners have signed a development deal to open another 13 restaurants in the Boston metropolitan area over the next 3 years. Jason “JB” Bedasse, founder and CEO of Corlex, said, “We are proud to have joined the Wingstop family and we are eager to bring Corlex’s operational prowess to the newly acquired restaurants. We look forward to playing an active role in the continued growth of the Wingstop system.” Corlex Capital has provided third-party operational management and consulting services to the QSR industry since 2019. - Get Started in Franchising - Franchise Rankings & Awards - Franchise Sales & Development - Featured Franchise Stories Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media. 1201 New York Avenue NW, Suite 300A Washington, DC 20005 PH. (408) 402-5681 - Franchisee Financing & Lending - Site Selection & Real Estate - Supply Chain & Procurement - Annual Franchise Development Report - Multi-Unit Franchising Conference - Franchise Growth & Marketing Conference - Franchise Leadership & Development Conference - Multi-Unit Franchisee Magazine - Franchise Update Magazine - Franchise Update Franchisor Report - Franchising Express Report - International Franchise Report - Multi-Unit Franchisee Report The multi-unit franchise opportunities listed above are not related to or endorsed by Multi-Unit Franchisee or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. ## Entities - Franchising.com (publication) - Restaurants (sector) - private equity (topic) - Multi-Unit Franchisee (person) - Jersey Mike's (company) - Wingstop (company) - multi-unit operator (topic) - development deal (topic) - restaurant acquisition (topic) --- Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/multibrand_operator_teams_with_corlex_capital_in_23unit_wingstop_deal.html). Summarized by Burnaze (https://burnaze.com/article/5d1090df-4a49-44cf-be55-0bb7d5107a3e).