Onex invests in Jack's Family Restaurants

Onex Corp. said Monday it has invested in Jack’s Family Restaurants. Financial terms weren’t announced. Certain member of management also invested. Homewood, Alabama-based Jack’s operates quick-service restaurants specializing in burgers, fried chicken, made-from-scratch biscuits, crinkle-cut fries and hand-dipped shakes. The company employs about 4,400 peole across 129 company-owned stores in Alabama, Georgia, Mississippi and Tennessee. The investment is coming from Onex Partners IV, Onex' $5.7 billion flagship fund.

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