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January 6, 2021

FAT Brands signs development deal to debut Fatburger in France

FAT Brands, a US-based operator of fast-casual restaurant concepts such as Fatburger and Buffalo’s Express, has signed a new multi-unit development deal with BGH Investments to debut Fatburger in France.

FAT Brands, a US-based operator of fast-casual restaurant concepts such as Fatburger and Buffalo’s Express, has signed a new multi-unit development deal with BGH Investments to debut Fatburger in France.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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  • Understand what is driving the PE/VC fundraising (Deal Rationale)
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by GlobalData
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The deal will include the launch of two Fatburger locations in Paris within the next eighteen months.

FAT Brands CEO Andy Wiederhorn said: “Fatburger has been widely successful internationally over the years so it was only a matter of time before we entered France.

“American fare continues to perform well abroad and we look forward to bringing our iconic brand experience to the heart of France, Paris, providing our food offerings to locals and tourists alike.”

First launched in Los Angeles by Lovie Yancey over 70 years ago, the brand is known for its ‘grilled-to-perfection’ and cooked-to-order burgers.

The restaurant enables its customers to personalise their burgers from a range of options, including beef bacon and eggs, chilli, and onion rings.

The brand’s menu also includes Fat and Skinny fries, sweet potato fries, scratch-made onion rings, IMPOSSIBLE burgers, turkey burgers, chicken sandwiches, and hand-scooped milkshakes.

In December 2020, FAT Brands expanded its presence in Singapore with the launch of a new co-branded Fatburger and Buffalo’s Express restaurant.

The company also said it is developing three co-branded Fatburger and Buffalo’s Express locations in Wichita, Kansas, US.

In addition to Fatburger and Buffalo’s Express, FAT Brands operates Johnny Rockets, Buffalo’s Cafe, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean, and Ponderosa and Bonanza Steakhouses.

Johnny Rockets was acquired by FAT Brands last year for approximately $25m.

FAT Brands currently franchises more than 675 units worldwide.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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