B
Bain Capital
Acquirer counsel
Kirkland & Ellis
Laura J. Steinke, P.C.Partner
Matthew H. O’Brien, P.C.Partner
8 lawyers involved
Rainmaker
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Kirkland & Ellis advises Bain Capital on $1 billion acquisition of Sizzling Platter, LLC
Deal Overview
- Value
- $1bn
- Deal type
- PE
- Structure
- Data in progress
- Status
- Data in progress
Advisors
ACQUIRER
Kirkland & Ellis Overview
- Bain Capital is making the investment through Bain Capital North American Private Equity. The target, Sizzling Platter, was founded in 1963 and has grown into one of North America's largest franchise platforms, with more than 800 locations across the United States and Mexico and over 13,000 employees.
- Bain Capital North American Private Equity is acquiring Sizzling Platter from CapitalSpring in a private transaction, with terms undisclosed. Bain said the investment is intended to accelerate the company's expansion.
- The transaction was announced on July 2, 2025. Sizzling Platter's brand portfolio spans Little Caesars, Wingstop, Jersey Mike's, Dunkin', and Jamba, underscoring Bain's entry into a scaled multi-brand restaurant franchise platform.
S
Sizzling Platter, LLC
Seller counsel
Proskauer
Individual advisers not yet recorded
Proskauer Overview
- Sizzling Platter, founded in 1963, has grown into one of North America's largest franchise platforms, operating Little Caesars, Wingstop, Jersey Mike's, Dunkin', and Jamba with more than 800 locations across the United States and Mexico and over 13,000 employees.
- Bain Capital acquired Sizzling Platter from CapitalSpring, whose investment began more than six years ago; the announcement did not disclose price, stake size, or financing terms.
- The sale had completed by July 2, 2025, after a growth period in which CapitalSpring said Sizzling Platter doubled its unit count, added three new brands, and became what it called the fastest-growing large-scale franchisee in the industry.