Reported 2 days ago
Sixth Street has secured a majority stake in the UK franchise of Wingstop, a rapidly growing fried chicken chain, investing more than £400 million. This acquisition includes Lemon Pepper Holdings, the franchise operator in the UK and Ireland, while the original co-founders will retain minority stakes. Wingstop aims to expand from 57 to 200 locations in the UK within five years, driven by a diverse menu and swift growth.
Source: YAHOO