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Corner Bakery Chain Sells to Rohan Group
Dallas-based fast-casual chain Corner Bakery has been acquired by Pandya Restaurant Growth Brands (PRGB), one of the Rohan Group of Companies. PRGB will now assume ownership of Corner Bakery, purchasing the brand from affiliates of Roark Capital Partners. Terms of the private transaction were not disclosed.
Rohan Group affiliate Engage Brands purchased the Boston Market chain in April from Sun Capital Partners. Rohan Group owner Jignesh Pandya sees opportunities for strategic alliances between Corner Bakery and Boston Market.
“Our acquisition of Corner Bakery aligns with what we believe families are seeking—high-quality kitchen crafted food and good, consistent customer service,” said Pandya.
Corner Bakery CEO Frank Paci said, “Pandya Restaurant Growth Brands brings an enthusiastic, experienced, and successful ownership group to Corner Bakery, as well as access to resources that we need to continue to operate our business in this challenging environment.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition