BurgerFi completed the acquisition of Anthony’s Coal Fired Pizza & Wings from L Catterton for $157m.

BurgerFi, a fast casual better burger chain, completed the acquisition of Anthony’s Coal Fired Pizza & Wings, a pizza restaurant, from L Catterton, a private equity firm, for $157m. “The acquisition of Anthony’s marks the beginning of a new chapter for BurgerFi as we establish a restaurant platform well-positioned for growth and success. The BurgerFi and Anthony’s brands are strategically aligned, bringing premium ingredients and loyal fanbases to fast-casual and casual dining restaurants. We are committed to our growth strategy here at BurgerFi, and will continue to scan the market for potential M&A opportunities that we can leverage and unlock value from," Ian Baines, BurgerFI CEO.