|
The Captain D's Seafood Kitchen chain has been bought up by Sun Capital Partners Inc. (Photo: Captain D)
Investment firm buys second-largest seafood chain
(UNITED STATES, 5/21/2010)
Investment firm Sun Capital Partners, Inc announced on Wednesday that it completed the acquisition of the Captain D’s Seafood Kitchen chain. The terms of the purchase from Sagittarius Brands, Inc were not revealed.
“With Sun Capital’s support, we will continue to focus on several key improvement initiatives, while staying true to our overall objective of serving our loyal customers a high quality, cooked-to-order seafood meal at a good value,” commented David Head, President and CEO, of Captain D’s.
Principal at Sun Capital Partners Aaron Wolfe welcomed the addition of Captain D’s to the firm’s group of restaurant companies and noted possibilities for improvement.
“We believe there are opportunities to continue to enhance the Captain D’s brand, while concentrating on the core values that the brand has focused on for over 40 years -- great, fresh seafood cooked-to-order and served with Southern hospitality,” he said.
Boston Market, Bruegger’s, Fazoli’s Restaurants, Friendly’s, Garden Fresh, Restaurants Unlimited, Smokey Bones Barbeque & Grill and Souper Salad are among Sun Capital’s other affiliated restaurant businesses.
Nashville, Tennessee-based Captain D’s opened its first restaurant in 1969 and has expanded to nearly 539 locations across 25 states and some overseas markets. It is the second largest seafood quick service restaurant in the country - behind Yum Brands Inc’s Long John Silvers - and enjoys a leading position in core markets in the states of Tennessee, Georgia, Alabama, Mississippi and Missouri.
The chain generated USD 235 million in revenue last year, reports Orlando Business Journal.
Leading private investment firm Sun Capital Partners, Inc focuses on leveraged buyouts, equity, debt and other investments in companies that can gain from its in–house operating experts and experience. The firm’s affiliates have invested in and managed more than 220 companies across the globe with combined sales exceeding USD 40 billion since Sun Capital’s inception in 1995.
By Natalia Real
[email protected]
www.seafood.media
Information of the company:
|
Address:
|
1717 Elm Hill Pike
|
|
City:
|
Nashville
|
|
State/ZIP:
|
(37210-3633)
|
|
Country:
|
United States
|
|
Phone:
|
+1 615 231 2435
|
|
Fax:
|
+1 615 231 2792
|
|
E-Mail:
|
[email protected]
|
More about: 
|
|
|
|
Print
