Add-on Acquisition • Restaurants

Chicken Salad Chick Acquires Piece of Cake

On October 31, 2023, Chicken Salad Chick acquired restaurant Piece of Cake

Acquisition Context

This is Chicken Salad Chick’s 1st transaction in the Restaurants sector.
This is Chicken Salad Chick’s 1st transaction in the United States.
This is Chicken Salad Chick’s 1st transaction in Georgia.

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M&A Deal Summary
Date	October 31, 2023
Target	Piece of Cake
Sector	Restaurants
Buyer(s)	Chicken Salad Chick
Deal Type	Add-on Acquisition

Target Company

Piece of Cake

Atlanta, Georgia, United States

Piece of Cake provides cakes that are baked from scratch using family recipes and traditional baking ingredients and all cakes are hand-frosted. Piece of Cake was founded in 1985 and is based in Atlanta, Georgia.

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Buyer Overview 1

Buyer

Chicken Salad Chick

Atlanta, Georgia, United States

Category	Company
Founded	2008
Sector	Restaurants

DESCRIPTION

Chicken Salad Chick is a fast-casual chain of chicken restaurants with 137 locations throughout 16 states predominantly in the Southeast. The company's restaurants feature over a dozen distinct chicken salad flavors made fresh daily and served by the scoop, sandwich or bowl. Chicken Salad Chick was formed in 2008 and is based in Atlanta, Georgia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Restaurants	1 of 1
Type: Add-on Acquisition	1 of 1
State: Georgia	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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