Deals
Private Equity Firm to Seek Sale of Church's Chicken
- Asking price for the restaurant chain is around $350 million
- Atlanta-based company’s annual revenue is more than $1 billion
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FFL Partners is exploring options, including a sale, for fast-food chain Church’s Chicken, according to people familiar with the matter.
The San Francisco-based firm is working with an adviser to drum up interest from potential buyers for the chain. It’s seeking around $350 million or more in any transaction, said the people. Representative for FFL and Church’s declined to comment.