March 18, 2021
Chicago-based Naf Naf Grill and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital.
"I am excited about the future of Naf Naf Grill and want to thank Roark for its support and positive contributions to the company," Naf Naf CEO Greg Willman said in a company press release.
The financial terms of the transaction were not disclosed, and Willman, who has been CEO since May 2020, did not respond to FastCasual's request for comment.
The chain has nearly 40 locations in Illinois, Minnesota, New Jersey, Ohio, Delaware, Pennsylvania, Tennessee, Indiana and Wisconsin.