Triton Pacific Capital expands QSR portfolio with acquisition of 64-unit KFC portfolio

Triton Pacific Capital Partners, a distinguished private equity firm, through its affiliate Tasty Chick’n, has successfully acquired a 64-unit portfolio of KFC restaurants located across the Central and Southeastern United States. This acquisition significantly enhances Tasty Chick’n’s footprint in the quick-service restaurant (QSR) sector and aligns with Triton Pacific’s strategy of investing in high-potential opportunities.

Strategic Expansion in Core and Adjacent Markets

The acquisition not only strengthens Tasty Chick’n’s presence in its core markets but also extends its reach into adjacent areas, offering substantial growth potential. This includes opportunities for new unit development, leveraging the well-established brand presence and operational strengths of the KFC franchise.

Comments from Triton Pacific’s CEO

Craig Faggen, CEO of Triton Pacific, emphasized the strategic importance of the acquisition: “This acquisition is a transformative addition to the existing Tasty Chick’n business, providing an opportunity to leverage the strong operations and historical performance of the acquired restaurants. With a historical track record of strong cash flow and above-brand average unit volumes, we are confident in the growth prospects alongside our current portfolio.”

Triton Pacific Capital Partners is expanding its quick-service restaurant portfolio with the strategic acquisition of 64 KFC outlets across the US.

Tasty Restaurant Group’s Operational Expertise

The acquired KFC outlets will be managed by Tasty Restaurant Group, an affiliated restaurant management company of Triton Pacific, which boasts a diverse portfolio of over 470 quick-service restaurants, including prominent brands like Pizza Hut, Burger King, Dunkin’, Baskin-Robbins, Taco Bell, and now additional KFC locations. Tasty Restaurant Group is renowned for its vertical integration capabilities and leadership experience, with a management team that averages over 20 years in the industry, overseeing nearly 10,000 franchisee and franchisor locations.

Triton Pacific’s Investment Focus

Established in 2001, Triton Pacific Capital Partners focuses on sectors poised for growth or undergoing rapid changes, including Quick Service Restaurants, Specialty Finance, and Healthcare Services. The firm aims to acquire companies that demonstrate operational excellence, efficient capital structures, and scalable opportunities.

This latest acquisition by Tasty Chick’n not only amplifies Triton Pacific’s presence in the quick-service restaurant industry but also highlights its commitment to fostering growth through strategic investments and expert management.