Financial Advisor
Zaxby's
M&A Advisory
Has Been Sold To
Transaction Details
- On November 18, 2020 Zaxby's Operating Company L.P. (Zaxby's) and its subsidiaries announced that investment funds managed by the Goldman Sachs Merchant Banking Division will acquire a significant stake in the Company
- The partnership will support accelerated growth and expansion into a national brand for Zaxby's
- The transaction closed in December 2020
About the company
Zaxby’s
Founded by childhood friends Zach McLeroy and Tony Townley in 1990, Zaxby's is committed to serving delicious chicken fingers, wings, sandwiches and salads in a fun, offbeat atmosphere where customers are considered friends. Zaxby’s is headquartered in Athens, GA and has grown to more than 900 locations in 17 states.
Goldman Sachs Merchant Banking
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking is the primary center for the firm’s long-term principal investing activity and is one of the leading private capital investors in the world with investments across private equity, infrastructure, private debt, growth equity and real estate.
Sources: Company Press Release.
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