Fazoli's Group
Fazoli’s Group is a franchisor and operator of Fazoli’s restaurants, the leading fast-casual Italian dining concept in the United States. Fazoli’s offers moderately priced, freshly prepared pasta entrees, sandwiches, pizza, and salads in a convenient, friendly environment. Fazoli’s blends the low price point and speed of QSR with the quality, atmosphere, and service traditionally found in casual dining. With strong brand awareness and a loyal customer base, Fazoli’s was named the 2013 Fast-Casual Brand of the Year and one of Franchise Business Review’s “Top 40 Food Franchises” in 2015.
In Sentinel’s six-year investment period, Fazoli’s performed well under its excellent management, and particularly well through the Covid pandemic, demonstrating the resilience of its brands. In 2021, after achieving our investment objectives, Fazoli’s was sold to FAT Brands (NASDAQ: FAT), a global franchising company that acquires, markets, and develops fast and casual restaurant concepts.