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Announced

FS Investments and High Bluff to acquire Church's Chicken from FFL Partners.

Synopsis

Two investment firms FS Investments and High Bluff agreed to acquire Church's Chicken, an owner and operator of fried chicken restaurants, from FFL Partners, an American private equity firm. Financial terms were not disclosed. “At a time when the entire restaurant industry has faced unprecedented challenges, Church’s has stood out as a notable bright spot, having emerged from the pandemic with considerable tailwinds that strongly position the brand for tremendous growth geographically as well as in the overall chicken category,” Anand Gowda, High Bluff Capital Partners Founder.

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