Wondering who’s behind the beloved Buffalo Wild Wings? Well, wonder no more! Get ready to learn about the masterminds behind the famous restaurant chain and its ownership details. From their humble beginnings to their rise to the top, you’ll discover the fascinating story of the people who own Buffalo Wild Wings. So, let’s dive right into it!
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Who Owns Buffalo Wild Wings?
Buffalo Wild Wings, the popular sports bar chain known for its wings and sauces, is owned by Inspire Brands, Inc.
Inspire Brands is a multi-brand restaurant company that was formed in February 2018 when Arby’s Restaurant Group, Inc. (ARG) acquired Buffalo Wild Wings, Inc. (BWW) for $2.9 billion.
Inspire Brands is based in Atlanta, Georgia, and operates over 11,000 restaurants worldwide. In addition to Buffalo Wild Wings, Inspire Brands owns several other restaurant chains, including Arby’s, Sonic Drive-In, and Jimmy John’s.
Who Owns Inspire Brands?
Inspire Brands is a privately held company owned by the global investment firm Roark Capital Group.
Paul Brown serves as the CEO of Inspire Brands and has been instrumental in the company’s growth and expansion.
Prior to joining Inspire Brands, Brown served as the CEO of Arby’s Restaurant Group, which was also owned by Roark Capital Group.
Why Did Inspire Brands Buy Buffalo Wild Wings?
Inspire Brands, previously known as Arby’s Restaurant Group Inc., bought Buffalo Wild Wings in 2018 for $2.9 billion.
The acquisition was part of Inspire Brands’ strategy to expand its portfolio of restaurant brands and increase its presence in the casual dining industry.
Buffalo Wild Wings was struggling with declining sales and increased competition at the time of the acquisition, but it had a strong brand and a loyal customer base.
Inspire Brands saw an opportunity to turn the business around by leveraging its experience in restaurant operations, marketing, and franchise development.
Was the Change Beneficial for Buffalo Wild Wings?
The change of ownership has been beneficial for both parties. Arby’s Restaurant Group Inc. was able to integrate its operations and expand its portfolio of brands vertically. At the same time, Buffalo Wild Wings was able to receive the resources it needed to turn its business around.
Under the ownership of Inspire Brands, Buffalo Wild Wings has continued to thrive and grow. Inspire Brands’ strategy is to operate each of its brands independently, allowing them to maintain their own unique identity, name, logos, and operating style. That means that Buffalo Wild Wings is still the same beloved place it has always been, just with a larger corporate parent.
So, it’s safe to assume that the change in ownership has been good for Buffalo Wild Wings. While the chain may now have a larger corporate parent, it still offers all of its signature wings and sauces – plus a lot more. And in the end, that’s what really matters.
Who Is the Original Owner of Buffalo Wild Wings?
Buffalo Wild Wings was originally founded by two friends, Jim Disbrow, and Scott Lowery, in 1982. The two friends were craving authentic Buffalo-style chicken wings, which they couldn’t find in Ohio at the time. So, they decided to open their own restaurant and serve up the chicken wings they were missing.
The first Buffalo Wild Wings location was a modest storefront near Ohio State University, but the restaurant quickly gained popularity for its signature wings and sauces. In the early days, Disbrow and Lowery ran the restaurant themselves but eventually began franchising the concept.
Today, Buffalo Wild Wings is still a well-known national chain with over 1,200 locations in the United States and around the world. While the company has changed ownership over the years, Disbrow and Lowery are credited with founding and developing the Buffalo-style chicken wing restaurant concept, which has become a popular food trend across the country.
Is Buffalo Wild Wings a Public Company?
Buffalo Wild Wings is not a public company. Since its acquisition by Inspire Brands in 2018, the chain has been a privately owned subsidiary. It is not listed on any stock exchanges and does not issue any publicly traded securities.
However, prior to its acquisition, Buffalo Wild Wings was a publicly traded company listed on the NASDAQ Stock exchange. The company’s stock symbol was BWLD. As a result of the acquisition, Buffalo Wild Wings became a privately held company and was delisted from the NASDAQ stock exchange.
Does Buffalo Wild Wings Own Any Companies?
Buffalo Wild Wings does not own any companies. Instead, it is a sub-subsidiary of Inspire Brands, a privately held company that owns several popular restaurant chains, including Arby’s, Sonic Drive-In, and Rusty Taco.
So, while Buffalo Wild Wings may not own any other companies, it is part of a larger restaurant group that includes several popular brands. This gives it access to resources and expertise that it wouldn’t have as a stand-alone restaurant chain.
Conclusion
Originally founded in 1982 by two friends, Jim Disbrow and Scott Lowery, Buffalo Wild Wings has gone through many changes over the years. Today, Buffalo Wild Wings is owned by Inspire Brands. This multi-brand restaurant company also owns other well-known restaurant chains such as Arby’s, Sonic Drive-In, Rusty Taco, and Jimmy John’s.
Despite the change in ownership, Buffalo Wild Wings has managed to remain the same beloved place it has always been, just with a larger corporate parent. So, now you know!
