The popular Texas-based fast-food chain Whataburger now belongs to a Chicago investment firm, according to an article by News 5 media partner Akron Beacon Journal.
Whataburger’s headquarters will stay in San Antonio, but BDT Capital Partners in Chicago announced that they agreed to acquire a majority stake in the company on Friday, the article said.
Whataburger has more than 820 locations with more than 670 of those locations in Texas. Whataburger’s other locations are in the South and Southwest, including Alabama, Arizona, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico and Oklahoma, according to the article.
The acquisition of the chain comes with the desire for company expansion, the article said.
“We look forward to a long-term partnership with the Whataburger team, continuing their commitment to serving high-quality, great-tasting food at a value and delivering a superior customer experience. We are excited to support Whataburger as they continue to innovate and pursue accelerated growth in existing and new markets,” Tiffany Hagge, managing director of BDT Capital Partners, said.