Tumble 22, the Nashville- design hot chicken mini-chain with 5 areas in the Austin location and Houston, was acquired by 2 personal equity companies and the previous chief running officer of steakhouse chain dining establishmentTexas Roadhouse The acquisition was revealed on October 25.
Tumble 22 is the creation of chef Harold Marmulstein (who runs New American dining establishment Salty Sow) and the Guy + Larry Restaurants business, aka Guy Villavaso and Larry Foles, longtime Austin restauranteurs who have actually owned Z’Tejas Southwestern Grille, Eddie V’s Prime Seafood (which they sold in 2011 to Darden Restaurants), Hopdoddy Burger Bar, andRoaring Fork
Tumble 22 opened as a food truck in 2017 on West Fifth Street and rapidly ended up being understood for extremely hot Nashville- design hot chicken sandwiches and sides. The initially physical restaurant location opened on Burnet Road in 2018. The food truck eventually closed in 2019, however brand-new websites turned up in Houston and on Lake Austin Boulevard in 2020, and in Round Rock in 2021.
The brand-new owners are personal equity companies Bruckmann, Rosser, Sherrill & Co. (BRS), Rosser Capital Partners, and Doug Thompson, previous chief running officer ofTexas Roadhouse BRS owns chains like California Pizza Kitchen and Au Bon Pain, and Rosser Capital Partners has actually likewise bought chains like Golden Corral andBarcelona Wine Bar The news release specifies that, from now on, Guy + Larry Restaurants will keep an ownership position in the business however that Thompson will be CEO, and the chain has prepare for development in “brand-new and current markets.”
Marmulstein’s name is notably missing from journalism release, however he informs Eater this was an oversight which he will remain in a seeking advice from function with Tumble 22 for the next 6 months.
Update, November 1: This post has actually been upgraded to show the private financial investments by the personal equity companies.