News
Chicken Salad Chick under new ownership
December 6, 2019
Brentwood Associates has acquired a majority interest in Chicken Salad Chick from Eagle Merchant Partners.
"Brentwood's long track record of working with leading restaurant companies coupled with their understanding of our business objectives and strategy make them the perfect partner for us to continue executing on our robust growth and expansion plan," CEO Scott Deviney said in a company press release.
The brand, which has 137 locations throughout 16 states, predominantly in the Southeast, was founded in 2008, by Stacy and Kevin Brown when they opened the first restaurant in Auburn, Alabama.
"Chicken Salad Chick's model fits well within our strategy of investing in high-growth, best-in-class consumer businesses," Rahul Aggarwal, partner at Brentwood, said in the release. "We look forward to working with Scott and the Chicken Salad Chick team to build upon their success in the markets they serve."
Stockton Croft, partner at Eagle Merchant Partners, said the team was proud of Chicken Salad Chick's achievements during its ownership, which resulted in a seven-fold increase in system sales and over 100 restaurants.
"Chicken Salad Chick is a truly differentiated company with tremendous growth ahead. It has been an honor to work with such a wonderful organization," he said.
