Onex to invest in growth of Jack’s Family Restaurants
Canadian private equity firm Onex Corp has agreed to make an investment in Jack’s Family Restaurants, a U.S. operator of quick-service restaurants specializing in burgers, fried chicken, biscuits, fries and shakes. The deal, the financial terms of which were not published, is being done by Onex in collaboration with certain members of the company’s management. Jack’s, which is headquartered in Homewood, Alabama, said the partnership with Onex will facilitate its next phase of growth. The proposed investment will be made by Onex Partners IV LP, which closed in May 2014.
27 May 2015•3 mins read
