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Savvy Sliders acquires BurgerFi to expand its portfolio to 206 stores

Dec 19, 2024•12 months ago

Acquiring Company

Savvy Sliders

Acquired Company

BurgerFi

Farmington HillsFort LauderdaleHospitalityFood and BeverageFood and Beverage

Description

Savvy Sliders, America’s fastest-growing slider brand, has made an acquisition of BurgerFi, a chef-driven, fast-casual chain known for its dedication to quality and sustainability. With this acquisition, Savvy Sliders adds BurgerFi to its family of restaurants, expanding its portfolio to 206 stores and reinforcing its commitment to providing high-quality, innovative products to its customers.

Company Information

Company

Savvy Sliders

Location

Farmington Hills, Michigan, United States

About

Savvy Sliders is America’s fastest-growing slider brand, offering innovative products with fresher ingredients and a world-class customer experience. With 52 locations in Florida, Indiana, Louisiana, Michigan, Ohio, Tennessee, and Texas, Savvy Sliders has made a name for itself in the fast-food industry, providing diverse menu options and high-quality food at affordable prices.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed