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Duff & Phelps Restaurant M&A Practice Advised Johnny Rockets on Its Sale to FAT Brands Inc. (NASDAQ: FAT)

On September 21, 2020, Johnny Rockets Holding Co. (“Johnny Rockets" or the "Company"), a portfolio company of Sun Capital Partners, was acquired by FAT Brands Inc. (NASDAQ: FAT) (“FAT Brands").

Duff & Phelps served as the exclusive financial advisor to Johnny Rockets in connection with the transaction.

About Johnny Rockets
Founded in 1986 on iconic Melrose Avenue in Los Angeles, Johnny Rockets is a world-renowned, international restaurant franchise that offers high quality, innovative menu items including items including certified angus beef cooked-to-order hamburgers, chicken sandwiches, crispy fries and rich, delicious hand-spun shakes and malts. With nearly 325 franchise and corporate locations in over 25 countries around the globe, the brand offers friendly service and upbeat music contributing to the chain’s signature atmosphere of relaxed, casual fun. Morgan Lewis & Bockius LLP served as legal advisors to Johnny Rockets.

About Sun Capital Partners
Founded in 1995, Sun Capital Partners, Inc. is a global private equity firm focused on identifying companies’ untapped potential and accelerating value through operational excellence. Since 1995, Sun Capital Partners has invested in more than 375 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. Over the past 25 years, Sun Capital Partners has built a reputation as a trusted partner recognized for its investment and operational experience, including particular expertise in the business services, consumer, healthcare, and industrial sectors. Sun Capital Partners has offices in Boca Raton, Los Angeles, New York and London.

About FAT (Fresh. Authentic. Tasty.) Brands 
Based in Beverly Hills, California, FAT Brands Inc. (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns nine restaurant brands: Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 700 units worldwide. Loeb & Loeb LLP served as legal advisors to FAT Brands.

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