AEA Investors acquired Jack’s Family Restaurants from Onex Corporation.

Private equity firm AEA Investors acquired Jack’s Family Restaurants, a fast food restaurant chain with locations in Alabama, Georgia, Tennessee, and Mississippi, from Onex Corporation. The terms of the transaction were not disclosed. “Over the course of our investment, Jack’s significantly accelerated its growth and brought its differentiated concept, high-quality food and exceptional customer service to new communities across the southern US,” said Matt Ross, a Managing Director of Onex. “We’d like to thank Todd Bartmess, Jack’s management team and all of the company’s dedicated employees for being great partners to Onex. We wish them continued growth and success in the future.”