Golub Capital backs fast-food chain Church’s Texas Chicken
- Currently, Church’s Texas Chicken has more than 1,500 restaurants across the US and 25 plus international markets
- The investment will be used by Church’s to accelerate its next phase of its growth
- In addition to this transaction, Church’s has named Bobby Morena as chief development officer to lead US expansion
Golub Capital has made an investment in Church’s Texas Chicken, a San Antonio, Texas-based fast-food chain. No financial terms were disclosed.
In 2021, Church’s was acquired by High Bluff Capital Partners and Future Standard.
Currently, Church’s Texas Chicken has more than 1,500 restaurants across the US and 25 plus international markets.
The investment will be used by Church’s to accelerate its next phase of its growth.
“When we acquired Church’s in 2021, we saw a brand with 70 years of equity and significant untapped potential, and we committed to the long, disciplined work of realizing a tremendous opportunity,” said Ryan Pitt, principal at High Bluff Capital Partners. “This new capital is about adding fuel at exactly the right moment. High Bluff remains as committed to Church’s as the day we bought it. Golub Capital’s investment reflects the progress we’ve made and will help further accelerate our growth plans as Church’s continues on its trajectory.”
In addition to this transaction, Church’s has named Bobby Morena as chief development officer to lead US expansion.
This transaction marks the second time Golub Capital has provided financing to Church’s since 2024.
Church’s was founded in 1952.
