Whataburger

© Caller-Times-USA TODAY NETWORK

Whataburger Sells Majority Stake In Burger Chain To Investment Banking Company

June 14, 2019 - 11:46 am
Categories: 

DALLAS (KRLD) - Whataburger has announced that a majority stake in the company has been sold to BDT Capital Partners, an investment banking firm.

BDT Capital Partners will partner with tenured Whataburger leadership team to expand the brand, the company says in a press release. The burger chain founded in Corpus Christi, will remain headquartered in San Antonio and be led by a team of Whataburger executives with more than 150 years of combined experience with the brand.

Together, BDT and the Whataburger team will begin exploring expansion plans - while staying true to the brand it has been over the past 69 years, the company added in its statement. 

"Whataburger has grown significantly over the years. And, in order to keep satisfying our customers, we've been exploring different options to expand the brand and introduce it to new audiences," said Whataburger President/CEO Preston Atkinson.

This is a developing news story. Refresh for the latest details. 

Tags: