Bankruptcy auction2026-07-28confirmed
A group of bondholders × FAT Brands Inc.
In a separate transaction from the main FAT Brands asset sale, the Twin Peaks brand was sold to a group of its bondholders for $359 million. [31, 32] This sale separated the sports lodge-themed chain from the rest of the FAT Brands portfolio during the Chapter 11 proceedings. [31] The plan indicated the brand would eventually be resold to a group of its franchisees. [32]
Price paid
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Not disclosed
Losing bid
—
Per unit
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no meaningful ratio
The asset
The assets of the Twin Peaks restaurant brand.
The record
- Seller status
- Chapter 11
- Sector
- restaurant franchising
- Modalities
- customer_data, intellectual_property, franchise_agreements
- Jurisdiction
- US
- Personal data
- Asset purchase agreement included 'All customer and end-user data and information, to the extent used in or related to the Transferred Business and permitted to be assigned under applicable Law'.
What it means if you hold data
This deal isolates a high-performing brand from a bankrupt parent, demonstrating a strategy where creditors take control of a specific valuable asset rather than the entire distressed portfolio. The value reflects the standalone brand's cash flow and associated data.