AAM15 Management completes acquisition of Kelly's Roast Beef brand and iconic Massachusetts locations
Acquiring Company
AAM15 Management
Acquired Company
Kelly's Roast Beef
BurlingtonSaugusReal EstateFood and BeverageDescription
AAM15 Management has acquired the legendary Kelly's Roast Beef brand, along with ownership of its four flagship locations in Saugus, Medford, Danvers, and Revere Beach, Massachusetts. This acquisition marks a historic milestone for both companies, and AAM15 Management is committed to enhancing the brand while honoring its rich legacy.
Quick answer
AAM15 Management is acquiring Kelly's Roast Beef, announced January 7, 2025. AAM15 Management is based in Burlington, Massachusetts, United States.
- How much did AAM15 Management pay for Kelly's Roast Beef?
- The deal value was not disclosed.
- What does AAM15 Management do?
- AAM15 Management is a premier asset management firm with a diverse portfolio spanning hospitality, multifamily properties, a private country club on the North Shore, and AAM15 Restaurant Group.
- Where are AAM15 Management and Kelly's Roast Beef based?
- AAM15 Management is based in Burlington, Massachusetts, United States. Kelly's Roast Beef is based in Saugus, Massachusetts, United States.
- Who are the decision-makers at AAM15 Management?
- Fundz holds 1 contact at AAM15 Management. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Kelly's Roast Beef?
Kelly's Roast Beef was acquired by AAM15 Management, based in Burlington. The deal was reported on January 7, 2025. AAM15 Management is a premier asset management firm with a diverse portfolio spanning hospitality, multifamily properties, a private country club on the North Shore, and AAM15 Restaurant Group. AAM15 Management is privately held and operates in Real Estate.
When did AAM15 Management acquire Kelly's Roast Beef?
AAM15 Management's acquisition of Kelly's Roast Beef was reported on January 7, 2025. AAM15 Management has acquired the legendary Kelly's Roast Beef brand, along with ownership of its four flagship locations in Saugus, Medford, Danvers, and Revere Beach, Massachusetts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kelly's Roast Beef do?
Founded in 1951, Kelly's Roast Beef has been a Massachusetts institution for over 70 years, celebrated for its signature roast beef sandwiches and deep roots in the local community. It is privately held, operating in Food and Beverage, and is based in Saugus.
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