INDUSTRY

Consumer Products/Food

HEADQUARTERS

Lakeland, FL

Company Overview:

Crispers is chain of fast casual restaurants founded in 1989, which operated 28 restaurants throughout central and north Florida.

Investment Status:

Realized

Transaction Type:

Corporate Carveout

Transaction Overview:

Boyne acquired Crispers from its corporate parent, Publix, as the divestiture of an orphaned subsidiary. Boyne partnered with management to turnaround underperforming stores as well as to grow the brand through new locations.