![]() The menu will be slimmer to facilitate speed with drive-thru and pickup orders. Two of those openings will be the restaurant's new Express model, which has a drive-thru and walk-up window, but no dining room. The chain announced in March that 14 restaurants were scheduled to open by mid-2022 in states such as Florida, Georgia, Ohio, Texas and Tennessee. The year also marked a series of firsts for Captain D's, like its first double drive-thru unit in Mississippi and first Chicago location. Nearly half of those deals were with exiting franchisees. ![]() In 2021, the brand signed 16 agreements for 40 locations, including Dallas-Fort Worth, Houston, Detroit, and Tampa. The move comes amid Captain D's accelerating franchise program. We look forward to supporting Phil and the team as they seek to significantly expand the business." With its differentiated menu of craveable seafood, Captain D's provides a unique value proposition to its customers. "We are excited to have the opportunity to partner with Phil Greifeld and this experienced executive team once again," Bruce Pollack, managing partner of Centre Partners, said in a statement. Captain D's management has invested alongside the private equity company, and will remain in their roles. Private equity company Centre Partners announced Monday that it acquired Captain D's again, five years after selling the seafood chain.Ĭentre Partners, a middle-market firm with more than $2.5 billion of equity in more than 80 transactions, previously bought the 540-unit chain in 2013, but sold it in 2017 to Sentinel Capital Partners.
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