Franchise News
FAT Brands Acquires Yalla Mediterranean
Fatburger parent company FAT Brands adds Los Angeles-based chain Yalla Mediterranean to its portfolio, with plans to franchise.
FAT Brands, parent company to several franchise brands including Fatburger, announced it has completed a deal to acquire 7-unit chain Yalla Mediterranean. Terms of the deal weren’t disclosed.
Yalla Mediterranean was founded in Los Angeles in 2014 as a fast-casual restaurant serving healthy Mediterranean fare and is also known for its “environmentally friendly operations,” according to an article in QSR Magazine. FAT Brands plans to franchise the concept, which currently operates seven locations across California.
“By bringing Yalla Mediterranean into the FAT Brands family, we'll be able to help the brand grow its footprint in its existing markets and expand to new markets through our extensive network of franchise partners,” FAT Brands president and CEO Andy Wiederhorn said.
With the acquisition, the parent company now owns seven restaurant brands with a total of 300 open locations and more than 300 under development worldwide. FAT Brands has been on the fast-track toward expansion since its IPO in 2017; earlier this year, the parent company acquired Hurricane Grill & Wings for $12.5 million.
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Madeline Lena
FollowMaddie has spent her career in the media industry, serving in various editorial roles before migrating into a hybrid content strategy and PR role with No Limit Agency. Her passion for storytelling and love of writing help her create meaningful content on behalf of her clients and fulfill No Limit Agency’s mission to tell people-driven stories.
Maddie is a graduate of Saint Louis University, where she studied Communications with a focus in journalism and media studies as well as Sports Business. In her spare time, Maddie can be found exploring Chicago’s food scene, watching an NBA game or lamenting over her middling fantasy baseball team.
