A private-equity firm launched by the founder of Edible Arrangements, Tariq Farid, has acquired the Chicago-based fast-casual chain Roti Modern Mediterranean out of bankruptcy.

Atlanta-based BroadPeak Capital, an investment firm launched by Farid and Aseem Khatri, acquired Roti out of bankruptcy in a trio of separate deals totaling nearly $4.7 million. BroadPeak acquired the Roti brand and 17 locations, including 10 in Illinois, four in the Washington, D.C., area and three in Minneapolis.

Rōti Modern Mediterranean filed for Chapter 11 bankruptcy protection in August of 2024. “With decades of experience as investors and operators, and access to substantial permanent capital, we bring the expertise and flexibility necessary to invest in vision and build enduring businesses,” said Khatri, Partner and Chief Investment Officer of BroadPeak Capital. “We are actively seeking opportunities to further scale the Edible Brands platform and are truly excited to partner with the Rōti team moving forward.”

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