Franchising

Craveworthy acquires Fresh Brothers Pizza

Photo: Craveworthy Brands

November 18, 2024

Craveworthy Brands has acquired Fresh Brothers Pizza, a California-based pizza brand with over 20 locations.

The acquisition follows Craveworthy's recent launch of Global Taste Brands, a joint venture designed to introduce and franchise international QSR and fast casual concepts in the U.S.

"Fresh Brothers is a perfect fit for Craveworthy as we expand our roots from the Midwest to the West Coast with our first brick-and-mortar pizza brand," Gregg Majewski, CEO and founder of Craveworthy Brands, said in a company press release. "With over 20 locations and a commitment to the best quality ingredients, Fresh Brothers puts a unique spin on an all-time favorite consumer category by offering inclusive menu options that appeal to today's diverse dining preferences."

Peter J. Nolan of Nolan Capital, investment partner in Fresh Brothers, said he was proud to have been a steward of Fresh Brothers.

"With Craveworthy's expertise and resources, we're confident Fresh Brothers will continue to expand and deliver a best-in-class experience to its customers," he said in the release. "We look forward to cheering them on as they enter this next chapter of growth."

Nolan Capital served as the investment partner to Fresh Brothers, and Morgan Kingston Advisors acted as its exclusive financial adviser.

Harrington Park Advisors served as the exclusive financial adviser to Craveworthy Brands, and Amundsen Davis was its legal counsel.

Craveworthy Brands is the parent company of Bd's Mongolian Grill, Dirty Dough, Fresh Brothers Pizza, Flat Top Grill, Genghis Grill, Krafted Burger Bar + Tap, Lucky Cat Poke Co., Nomad Dawgs, Pastizza Pizza & Pasta, Scramblin' Ed's, Sigri Indian BBQ, Soom Soom Mediterranean, The Budlong Southern Chicken and Wing It On.