Announced
Synopsis
FAT Brands, a global franchising company, agreed to acquire Twin Peaks, a chain of sports lodges known for scratch-made food and signature 29° draft beers, from Garnett Station Partners, an investment firm, for $300m. "Twin Peaks is a noteworthy addition for FAT Brands. Following the recent acquisitions of Johnny Rockets and Global Franchise Group, this acquisition comes at a time when we’re seeking to expand our market segments into sports and polished casual dining," Andy Wiederhorn, FAT Brands CEO.
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