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<a href="https://www.fatbrands.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Fat Brands</a>, one of the industry’s largest franchisors, has agreed to acquire the 23-unit chicken franchise <a href="https://franchise.nativegrillandwings.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Native Grill &amp; Wings</a> for $20 million from Wingtime LLC, a subsidiary of Cybeck Capital Partners LLC, <a href="https://www.globenewswire.com/news-release/2021/11/22/2338763/0/en/FAT-Brands-Inc-Agrees-to-Acquire-Native-Grill-Wings-for-20-Million.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">the company announced</a> last week. The announcement comes as the franchisor continues to prioritize acquisitions as a key post-pandemic growth strategy, entering both new categories and expanding its existing sectors. Native Grill &amp; Wings will become the third chicken-wing concept in Fat Brands’ portfolio.&nbsp;&nbsp;"With the chicken wing sector growing in popularity throughout the pandemic, we knew that we wanted to continue developing our portfolio further into this category by bringing in a brand that would complement our existing wing concepts," <a href="https://www.linkedin.com/in/andy-wiederhorn?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Andy Wiederhorn</a>, Fat Brands president and CEO said in the press release. "Native Grill &amp; Wings has been on our radar for some time, given its ability to remain nimble and deliver strong systemwide sales growth over the past year."Native Grill &amp; Wings marks the fourth acquisition for Fat Brands this year alone — the company bought <a href="https://ir.fatbrands.com/press-releases/press-release-details/2021/FAT-Brands-Inc.-Agrees-to-Acquire-Global-Franchise-Group-for-442.5-million/default.aspx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Global Franchise Group</a> in July for $442.5 million, <a href="https://www.globenewswire.com/news-release/2021/09/01/2289801/0/en/FAT-Brands-Inc-Agrees-to-Acquire-Twin-Peaks-Restaurant-Chain-for-300-Million.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Twin Peaks</a> in October for $300 million and <a href="https://www.globenewswire.com/news-release/2021/11/02/2325099/0/en/FAT-Brands-Inc-to-Acquire-Fazoli-s-Restaurant-Chain-for-130-Million.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Fazoli's</a> in November for $130 million. Now, Fat Brands will feature over 2,300 franchised and corporate-owned stores globally with systemwide sales of about $2.3 billion, the press release states.Related articles:<ul><li><a href="https://1851franchise.com/restaurant-brands-international-purchases-firehouse-subs-for-1-billion-2717194#featured">Restaurant Brands International Purchases Firehouse Subs for $1 Billion</a></li><li><a href="https://1851franchise.com/fat-brands-inc-grows-even-larger-with-acquisition-of-global-franchise-group-2716074#stories">Fat Brands Inc. Grows Even Larger With Acquisition of Global Franchise Group</a></li><li><a href="https://1851franchise.com/fast-casual-despite-losses-fat-brands-ceo-says-holding-company-poised-for-growth-2706064#stories">Fast Casual: Despite Losses, FAT Brands CEO Says Holding Company ‘Poised for Growth</a>’</li></ul><a href="https://www.google.com/url?sa=i&amp%3Burl=https%3A%2F%2Fnativegrillandwings.com%2Fnative-grill-wings-a-growing-chicken-wing-chain-flourishes-in-arizona%2F&amp%3Bpsig=AOvVaw0OjK80VKisHmqn757r8xQx&amp%3Bust=1638392301077000&amp%3Bsource=images&amp%3Bcd=vfe&amp%3Bved=0CAsQjRxqFwoTCNDF1oz9wPQCFQAAAAAdAAAAABAD&utm_source=1851franchise.com&utm_medium=article&utm_campaign=fat-brands-announces-latest-acquisition-with-purchase-of-native-grill-wings-for-20-million-2717341" target="_blank" rel="nofollow">Photo credit</a>

Fat Brands Announces Latest Acquisition with Purchase of Native Grill & Wings for $20 Million

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With its fourth acquisition this year alone, the multi-brand legacy franchisor is looking to invest in new categories as well as expand its presence in existing segments. 

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Fat Brands Announces Latest Acquisition with Purchase of Native Grill & Wings for $20 Million

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