MOOYAH Burgers, Fries & Shakes is under new ownership. The 100-unit brand has been acquired by an affiliate of private equity firm Balmoral Funds LLC and private investment company Gala Capital Partners LLC.
Anand Gala, president of Gala, told Fast Casual, “We had been looking to invest in a fast casual brand that had high consumer appeal and the potential for faster growth. MOOYAH had both, as well as a franchisee-first culture embraced by its executive leadership team. I believe MOOYAH is ready to become a household name.”
MOOYAH’s current leadership team, including president and COO Michael Mabry, are staying with the brand as its transitions to new ownership.
To read the original article, click here.