Triton Pacific Capital Partners on May 21 announced the successful acquisition by its affiliate, Tasty Chick’n, of a 64-unit KFC portfolio situated in the Central and Southeastern United States. This marks significant expansion for Tasty Chick’n and underscores Triton Pacific’s commitment to investing in attractive, high-potential opportunities within the quick-service restaurant sector.
“This acquisition is a transformative addition to the existing Tasty Chick’n business, providing an opportunity to leverage the strong operations and historical performance of the acquired restaurants. With a historical track record of strong cash flow and above brand average unit volumes, we are confident in the growth prospects alongside our current portfolio,” said Triton Pacific CEO Craig Faggen.
The Tasty Restaurant Group manages a diverse portfolio comprising over 470 fast food restaurants. The top brands include Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Taco Bell and KFC.
