WebJun 30, 2024 · The sellers, Serruya Private Equity and Lion Capital, approached FAT Brands about the sale in March, CEO Andy Wiederhorn said. “This is a directly negotiated deal. Private equity came directly to us to negotiate this transaction. Our track record for completing transactions drama-free, that word has spread,” he said. WebNov 10, 2024 · In this week’s episode of the Restaurant Business podcast “A Deeper Dive,” the CEO of Fatburger and Johnny Rockets owner Fat Brands discusses his company’s latest deal, a $130 million acquisition of Fazoli’s. It is the fourth major deal in 14 months, starting with Johnny Rockets, then Global Franchise Group and then Twin Peaks.
How Andy Wiederhorn plans to pay for all his new chains
WebLOS ANGELES, March 06, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces that its founder and CEO, Andy Wiederhorn, will transition to a … WebMar 7, 2024 · FAT Brands opened a record 142 stores in 2024. FAT Brands announced Monday that founder and CEO Andy Wiederhorn will step down in May to eliminate the distraction of an ongoing federal investigation tied to him. In February 2024, the Los Angeles Times reported that Wiederhorn and his family were being investigated as part of an … outsmart singapore
FAT Brands CEO Andy Wiederhorn is stepping down
WebFeb 22, 2024 · FAT Brands ( FAT -25.2%) fell sharply on Tuesday after the operator of Fatburger and Johnny Rockets restaurants disclosed in a SEC filing that CEO Andy Wiederhorn has been under investigation for ... WebFat Brands’ stock cratered Tuesday morning after the company disclosed its CEO Andrew Wiederhorn is under investigation. Investigators are looking into Wiederhorn’s financial … WebFeb 23, 2024 · Shares of Fat Brands tumbled as the company disclosed that CEO Andrew Wiederhorn is under investigation. The U.S. Attorney’s Office in Central California, along with the Securities and Exchange ... outsmarts meaning