Brentwood Associates Expands Its Impressive Restaurant Portfolio With Chicken Salad Chick

Brentwood Associates has acquired Chicken Salad Chick, a fast-casual chain, and is excited to partner with the brand to continue its growth and expansion.

Read the original at 1851 Franchise
Brentwood Associates Expands Its Impressive Restaurant Portfolio With Chicken Salad Chick

TL;DR

Brentwood Associates has acquired Chicken Salad Chick, a fast-casual chain, to partner with the brand for its growth and expansion. Chicken Salad Chick was previously owned by Eagle Merchant Partners, under which it opened over 100 new units.

Chicken Salad Chick, known for its unique take on chicken salad and Southern-style dishes, was recently purchased by California-based private equity firm Brentwood Associates according to Restaurant Business.

While transaction details were not disclosed, the fast casual chain was bought from Eagle Merchant Partners in a deal announced on Monday, November 4. While under Eagle Merchant Partners, Chicken Salad Chick opened more than 100 new units. Technomic reported that Chicken Salad Chick “saw its sales grow nearly 44% year over year in 2018, with average unit volumes of more than $1.1 million,” Restaurant Business said. Brentwood Associates is excited to be partnering with the Alabama-based restaurant chain and to further help grow the brand.

“We are very excited to partner with Brentwood on the next chapter for Chicken Salad Chick,” said Chicken Salad Chick CEO Scott Deviney according to Restaurant Business. “Brentwood’s long track record of working with leading restaurant companies coupled with their understanding of our business objectives and strategy make them the perfect partner for us to continue executing on our robust growth and expansion plan.”

Brentwood Associates is also an investor in Blaze Pizza and Lazy Dog Restaurant & Bar. The 137-unit chain has had a successful 2019, and Brentwood Associates is confident that its upcoming years will be even better.

In this story

This story was originally published in 1851 Franchise on November 5, 2019. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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