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News Flash-Charlotte Based Bojangles Restaurant to be Acquired!

Bojangles – The History and Acquisition by 2 NY Firms

  • 1977 – Bojangles opened their first two restaurants in Charlotte, NC
  • 1978 – Bojangles franchised
  • 1981 – They achieved the highest restaurant average in the nation
  • 2005 – Opened it’s first college campus restaurant at Central Piedmont Community College (CPCC)
  • 2008 – Wall Street Journal names Bojangles one of either restaurants named “25 Franchise High Performers”.  Plus it opens it’s 400th restaurant
  • 2010 – Bojangles launches it’s “It’s Bo Time!” slogan
  • 2012 – Opened it’s 600th restaurant, including one on the Norfolk Naval Base
  • 2015 – Bojangles goes Public
  • 2017 – Celebrates it’s 40th Anniversary
  • 11/6/18 – Announces 2 NY Firms, Durational Capital Management and The Jordan Company, will acquire Bojangles for $16.10/per share.  Which equates to the cash price of $593,768,000.  Bojangles states the 2 Firms are committed to maintaining the qualities of the brand.  To read more about the acquisition, click HERE.

 

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