Chicken Salad Chick Receives Investment From Eagle Merchant Partners

Monday, May 4, 2015

Chicken Salad Chick, one of Nation’s Restaurant News 2015 Breakout Brands, announced that it has received an investment from Eagle Merchant Partners (Eagle), an Atlanta-based private equity firm.

This partnership brings a depth of restaurant industry experience to the leadership team, including the naming of restaurant industry veteran Russ Umphenour as chairman of the board and Scott Deviney as president and CEO. Mr. Umphenour is the former CEO of Focus Brands (parent of Moe’s, Auntie Anne’s Pretzels, McAlister’s Deli, Carvel Ice Cream, Schlotzsky’s and Cinnabon) and RTM Restaurant Group (former top Arby’s franchisee). Mr. Deviney is former CEO of SDZ (an Atlanta-based multi-unit Wendy’s franchisee) and SVP with SunTrust Bank specializing in the restaurant industry. Founders Kevin and Stacy Brown will continue to serve in roles that will aid the future growth and management of the concept. Partner and investor Earlon McWhorter, who has been serving as VP of Market Development, will remain as an advisor to the company for future store and market development.  The investment from Eagle will provide capital to fuel growth by further building out the management team, systems and infrastructure while also supporting new unit growth.

“Stacy and I are overjoyed with our new partnership with Eagle,” said founder, Kevin Brown. “Passing the baton to Scott Deviney as CEO, combined with the stellar track record of industry icon Russ Umphenour and Eagle’s restaurant expertise, helps solidify our strategic vision for Chicken Salad Chick.  We look forward to working together to enhance our franchise support services, marketing efforts and brand leadership.”

Chicken Salad Chick, will add to its 32 existing locations by continuing to open units throughout 9 states in the Southeastern U.S. With a development pipeline of over 100 additional locations contracted with franchise partners, Chicken Salad Chick looks to grow its presence aggressively over the next few years.

“Scott and I are excited to join Chicken Salad Chick as the company enters this new chapter of growth.  It is a strong brand with a unique offering and loyal customers, and we look forward to working with our franchise partners to accelerate the growth of the brand,” said Mr. Umphenour.  Stockton Croft, partner with Eagle said, “This will be the eighth restaurant or retail investment made by the partners of Eagle and we are fully committed to the success of this great Southeastern brand and the management team.”


Waitr Expands To Outside Chattanooga City Limits

Charlie's BBQ & Bakery Tests The Waters Further Down Main Street

The Cheesecake Factory Now Hiring For New Chattanooga Location


Waitr’s success in Chattanooga has prompted significant growth – delivery service now extends outside the city. In addition to Chattanooga, Waitr is now delivering to the Lookout Mountain area, ... (click for more)

Charlie's BBQ & Bakery has opened in the old Charlie's Quik Stop at 2309 E. Main St. Owners Wes Agee, Elizabeth St. Clair and Stacey Anderson from Manchester, Tn., said, "This neighborhood ... (click for more)

The Cheesecake Factory, named to the FORTUNE “100 Best Companies to Work For” list for five consecutive years, is opening a new location in Chattanooga this December, and is looking to hire 270 ... (click for more)


Dining

Waitr Expands To Outside Chattanooga City Limits

Waitr’s success in Chattanooga has prompted significant growth – delivery service now extends outside the city. In addition to Chattanooga, Waitr is now delivering to the Lookout Mountain area, and also just east of the city toward the Ooltewah and East Brainerd communities. The Waitr app lets you order from your favorite restaurant … then sends a Waitr driver to deliver it to you ... (click for more)

Charlie's BBQ & Bakery Tests The Waters Further Down Main Street

Charlie's BBQ & Bakery has opened in the old Charlie's Quik Stop at 2309 E. Main St. Owners Wes Agee, Elizabeth St. Clair and Stacey Anderson from Manchester, Tn., said, "This neighborhood may not have a great reputation, but we are genuinely trying to make a difference in that reputation." Ms. St. Clair said the trio saw the building up for lease this summer, and ... (click for more)

Breaking News

WWTA Releases Timetable That Would Have Ooltewah Sewage Treatment Plant In Operation By 2025; Public Meetings Set At Central High

The Hamilton County Water and Wastewater Treatment Authority has released a timetable that would have a new sewage treatment plant in Ooltewah in operation by 2025. A request for a site at Mahan Gap Road goes before the Planning Commission at Nov. 12 at 1 p.m. It goes to the County Commission Zoning Committee on Dec. 12 and the full commission on Dec. 19. The WWTA also ... (click for more)

Downtown Post Office Finally Getting Handicap Ramp

Chattanooga's Downtown Post Office, after some lawsuits and numerous complaints over the years, is finally getting a handicap ramp. Federal Judge Sandy Mattice said the complaints had increased in recent months and the General Services Administration agreed to fund the project at the historic building on Georgia Avenue. The judge said, "It's a beautiful building, but it's ... (click for more)

Opinion

Too Many Questions

First it was about 2,000, then we were told it’s up to 4,000. We have no way of knowing who’s coming or what their purpose is. NBC and CNN assure us they are seeking sanctuary but how can we know? Neither Honduras or our subjective media in America have been honest with us in the past. So, how do we know why that many people are marching across Central America? Then this morning ... (click for more)

Roy Exum: An Answer For Amy

Amy Schumer, whose cousin is Senate Minority leader Chuck Schumer, is said to be a very successful comedian and an activist of note. You may remember her most recent appearance was when she was arrested at the U.S. Capitol three weeks ago. She was part of a disgraceful mob who unlawfully protested the nomination of Brett Kavanaugh and the hunch is Amy wanted to get arrested so she ... (click for more)