BRS & Co., a New York-based private equity firm, Rosser Capital Partners, a private equity firm based in Greenwich, Conn. and Doug Thompson, former COO of Texas Roadhouse, have partnered to acquire Tumble 22 Holdings LLC, a hot chicken restaurant concept with five locations in Texas.
Tumble 22 offers a menu featuring all-natural, Texas-raised chicken prepared using its proprietary seasoning. The company was founded by Guy Villavaso and Larry Foles. Guy + Larry Restaurants will maintain an ownership position in the company going foward. Thompson will be the CEO of the company.
“BRS’s and RCP’s partnership, knowledge of the restaurant industry, and capital support will be invaluable in helping Tumble 22 build upon its success in the emerging hot chicken space and develop its brand across a broader geographic area,” says Villavaso, Guy + Larry Restaurants CEO.
Tumble 22’s financial advisor was Geraty Investments. BRS and RCP’s legal advisor was Greenberg Traurig LLP.