A fast-growing Michigan-based restaurant chain has made a new acquisition.
The Savvy Sliders restaurant group has acquired Florida-based, fast-casual burger chain BurgerFi. The deal includes 84 BurgerFi restaurants across 15 states that will continue to operate under the BurgerFi banner. Terms of the sale were not disclosed.
BurgerFi joins the Savvy Sliders portfolio, which now totals 206 locations, including 52 namesake restaurants, across Michigan and several other states. It also includes Happy’s Pizza, with 60 locations in Michigan and Ohio, and Fat Boy’s Pizza, with nine locations in Louisiana, Mississippi and Texas.
In a Dec. 29 Facebook post, Savvy Sliders said BurgerFi will become its “sister brand.”
“Exciting times here at Savvy Sliders, as we have officially acquired BurgerFi, a premium QSR brand serving delicious all natural burgers, fresh fries and more,” said the company, which was founded in 2018. “We’re very excited about the acquisition of BurgerFi and adding it as a sister brand to Savvy Sliders, and are looking forward to continuing to innovate and expand on our core beliefs of offering extremely high quality, friendly service and efficiency in our restaurants.”
In September, the parent company of BurgerFi and Anthony's Coal Fired Pizza & Wings, BurgerFi International, filed for Chapter 11 bankruptcy protection. The filing listed between $50 million and $100 million in assets and between $100 million to $500 million in estimated liabilities.
Savvy Sliders operates 52 locations in Michigan, Florida, Indiana, Louisiana, Ohio, Tennessee and Texas.