Private Equity Firm Takes Full Ownership of Daddy's Chicken Shack
Private-equity firm Area 15 Ventures announced Friday that it acquired full ownership of Daddy's Chicken Shack, an emerging fast-casual franchise. Terms of the deal weren't disclosed. Daddy's Chicken Shack was founded in 2018 by married couple Pace Webb and Chris Georgalas. The restaurant evolved from fried chicken sliders Webb served from her catering business, Taste of Pace.
Source: qsrmagazine.com