Deal Details
sale to Good Times Restaurants Inc.
Summary
Baird served as the exclusive financial advisor to Bad Daddy’s International LLC on this transaction.
About
Bad Daddy’s International LLC (“Bad Daddy’s” or the “Company”) was recently acquired by Good Times Restaurants Inc. (NASDAQ: GTIM).In 2007, Bad Daddy’s founders’ created an upscale burger concept with “simple foods prepared to high culinary standards”. Bad Daddy’s became known for its signature burgers, salads, appetizers and sandwiches paired with local craft microbrew beers and signature cocktails and has won many awards and accolades for its culinary creations. Bad Daddy’s consists of seven company-owned restaurants and six franchised / licensed restaurants in North Carolina, South Carolina, Tennessee and Colorado. Bad Daddy’s is based in Charlotte, North Carolina.
Good Times Restaurants Inc. (GTIM) operates Good Times Burgers & Frozen Custard, an upscale quick-service restaurant chain focused on fresh, high quality, all natural products located primarily along the front range of Colorado, and Bad Daddy’s Burger Bar, a full service, “small box” better burger casual dining chain.
For additional information about this transaction, please contact:
- Date
- May 2015
- Company
- Bad Daddy’s International LLC
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
- Acquiror Geography
- North America
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