Sixth Street to acquire Lemon Pepper Holdings.

Sixth Street, a private equity firm, agreed to acquire Lemon Pepper Holdings, the master franchisee for Wingstop in the UK and Ireland. Financial terms were not disclosed. "We are incredibly excited to partner with Chris, Paddy and the rest of the team to continue to grow the Wingstop brand in the UK and Ireland, and to deepen our partnership with Wingstop Inc. globally. As existing investors in Wingstop Inc. in the United States through our investment in Far West Services, we have seen first-hand the power of the Wingstop brand with its unique value proposition that has continued to grow and resonate over the past 20+ years. We believe that the opportunity for the brand globally, and in the UK and Ireland specifically, is only just beginning," Kayvan Heravi, Sixth Street Co-Head of Consumer.