Sentinel Capital Partners, a private equity firm that invests in promising, lower middle market companies, today announced it has acquired Huddle House, Inc., a leading franchisor of family dining restaurants in the Southeast. Financial terms of the transaction were not disclosed.
Based in Atlanta, Georgia, Huddle House was founded in 1964 with a focus on serving quality food in warm, friendly environments that bring communities together. Huddle House offers customers â€œAny Meal. Any Time.â€ with a broad menu of high-quality, cooked-to-order food, and 24-hour service, and serves breakfast, lunch and dinner all day. Huddle House has 376 franchised units and 17 company-owned units in the Southeast that generate more than $225 million in annual system-wide sales. The acquisition comes after significant same-store sales increases of 7.9% in the fourth quarter of 2011 and 7.2% in the first quarter of 2012.