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Daily Newsletter

24 September 2025

Daily Newsletter

24 September 2025

Eyas Capital acquires Bojangles’ franchisee, BOJ of WNC

The majority of the acquired portfolio of BOJ of WNC is based in western North Carolina.

Rachana Saha September 23 2025

Hospitality management and investment company Eyas Capital has purchased Bojangles’ largest franchise group, BOJ of WNC.

The deal encompasses a portfolio of 120 locations across six US states.

Franchisee Jeff Rigsby oversees the operations of BOJ of WNC.

The acquisition is part of Eyas Capital’s Bojangles expansion strategy and will see a focus on growing the brand's presence in Cincinnati and Columbus to more than 40 locations.

The majority of the acquired portfolio of BOJ of WNC is based in Western North Carolina.

Eyas Capital founder, CEO and managing partner Timothy Foley stated: "This is truly an opportunity like no other.

"We're adding an iconic brand to our portfolio with a passionate following in western North Carolina. We're confident our fans will grow to love Bojangles even more as we evolve with the brand. And, the expansion into central and southwestern Ohio comes with a huge runway for us to create an entirely new group of fans and immerse them in the dynamic Bojangles legacy."

EYAS Capital partner, president and chief operating officer John Kaufman is collaborating with Foley to incorporate Bojangles into the Eyas Capital portfolio.

Bojangles CEO Jose Armario stated: "This milestone reflects the strength of Bojangles and the incredible growth ahead.

"Tim and John bring both operational expertise and the right passion to drive our brand forward, both in our core North Carolina region and in the expansion [of] Ohio markets. Their commitment to operational excellence makes them great partners as we continue expanding the Bojangles footprint."

Bojangles’ network has more than 800 units across 21 US states.

In August 2025, Bojangles announced its return to New York City, where it had a presence for a short period in the 1980s.

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