Harrington Park Advisors served as exclusive financial advisor to Brew Team TN, LLC and Brew Team Cookeville, LLC (together, “Brew Team TN”) in connection with their sale to Southern Brew, an existing 7 Brew franchisee and sister company to Altamont Capital Partners’ portfolio company, Tacala. The transaction covers Brew Team TN’s 7 Brew Coffee stands and development agreement in Tennessee and North Carolina. Since opening its first stand with seven signature drinks, 7 Brew has expanded to more than 470 stands nationwide and continues to accelerate growth through a scalable franchise model. The company’s ability to combine operational efficiency with a distinctive customer experience has positioned it as one of the fastest-growing and most disruptive entrants in the specialty coffee and QSR space.

Harrington Park Advisors congratulates Mo' Bettahs and Savory Fund on receiving Mergers & Acquisitions’ 2025 Food & Beverage Deal of the Year award. Harrington Park Advisors served as exclusive financial advisor to Mo' Bettahs on its sale to Blue Marlin Partners and Trive Capital. This award recognizes a premium growth transaction executed in a complex M&A environment and underscores HPA's deep expertise in advising high-growth brands — particularly those like Mo’ Bettahs that combine authenticity, strong unit economics, and broad consumer appeal.

We’re proud to share that Harrington Park Advisors has formally opened its Chicago office, marking an important milestone in the firm’s evolution. While we've long operated as a Chicago-based firm, our new office provides a dedicated space for collaboration, client engagement, and continued growth. It reflects our commitment to building a focused, high-impact advisory platform serving founder-led and investor-backed businesses. This move signals more than just a physical presence — it underscores our long-term investment in the people, partners, and ecosystem that enable our success. HPA's Chicago office is located at 500 W. Madison Street. 

Ashish Seth, founder of Harrington Park Advisors, was recently featured in Franchise Times, where he discussed the firm's mission to deliver the caliber of strategic advice and execution typically reserved for large-cap clients—now tailored for middle-market, lower middle-market, and emerging brands. He highlighted recent transactions, including Houston TX Hot Chicken and IMAGE Studios, and underscored the importance of brand positioning, narrative, and buyer alignment in achieving outsized results in today’s M&A landscape.

Harrington Park Advisors is proud to announce the formation of its Expert Advisory Council comprised of four distinguished industry leaders: Paul Damico, Andrew Dana, Alicia Miller, and Jason Olsen. HPA looks forward to their contributions as we continue to support the growth and success of our clients in the multi-unit sector.

Franchise Times today announced 12 winners of the 2025 Franchise Times Dealmakers awards, the 13th annual project recognizing the boldest players driving mergers and acquisitions in franchising. Harrington Park Advisors was recognized for its completed deals involving Houston TX Hot Chicken, Image Studios, Untamed Brands and Fresh Brothers.

Franchise Times today announced the 2025 Franchise Times Dealmakers awards, the 13th annual project recognizing the boldest players driving mergers and acquisitions in franchising. IMAGE Studios receiving a strategic investment from MPK Equity Partners was recognized by Franchised Times. Harrington Park Advisors acted as exclusive financial advisor to IMAGE Studious on the transaction.

2024 was an exciting year for Harrington Park Advisors. Despite a tough market backdrop, the Harrington Park team delivered five successful transactions for our clients. In addition, our commitment to community remained unwavering, with Harrington Park sharing our success on every transaction with our communities to make a meaningful impact.

Call Your Mother Deli, known for its authentic and modern take on deli favorites, today announced a strategic investment from Invus, through Artal. This partnership positions Call Your Mother to expand its footprint in the broader D.C. and Denver metro areas and sets the stage for future growth, giving bagel connoisseurs a place to indulge in their greatest joy. Harrington Park Advisors served as exclusive financial advisor to Call Your Mother.

Craveworthy Brands, the innovative multi-brand restaurant company and franchisor, announced today that it has acquired Fresh Brothers Pizza, a California-based pizza brand which has over 20 locations across California. Known for its handmade dough crafted daily, vine-ripened tomato sauce, pure cheese without additives, and premium meats, Fresh Brothers also offers inclusive options for vegan, vegetarian, and gluten-free guests, pioneering the use of plant-based protein on pizza. The menu extends beyond pizza to include salads, baked wings, fresh knots, and sliders. Harrington Park Advisors acted as exclusive financial advisor to Craveworthy Brands on the acquisition.

Ashish Seth, Founder & Managing Director of Harrington Park Advisors, shared his thoughts on selecting an advisor for a capital raise or sale at RFDC 2024 in Las Vegas. Restaurant Finance & Development Conference is the restaurant industry’s premier financial event for restaurant company owners, operators and financial executives.

Mo’Bettahs Hawaiian Style Food, the category-defining fast casual concept serving up authentic Hawaiian plate lunch, today announced that Blue Marlin Partners and Trive Capital have partnered to acquire a majority stake from Savory Fund. Both Savory and Mo’Bettahs’ founders will retain significant minority stakes. Mo’ Bettahs was founded in 2008 in Bountiful, Utah, by Hawaii-born brothers Kimo and Kalani Mack. In 2017, it was acquired by Savory Fund, an innovative private equity firm that invests in emerging restaurant concepts. Together, they have scaled the award-winning brand from 6 stores to now 56 stores across seven states — all while delivering positive same-store sales growth year over year. Harrington Park Advisors acted as exclusive financial advisor to Mo'Bettahs.

Restaurantology® is the only conference in the industry hosted by operators, for operators. As an emerging restaurant brand, you need advice, tips and tricks pertinent to your growth journey. And there’s no better place to find that wisdom and know-how than with emerging operators in the same trenches you are.

Harrington Park Advisors congratulates our client Middleton Partners for being recognized on Mergers & Acquisitions’ list of 2024 Middle-Market Deals of the Year. Harrington Park Advisors served as exclusive financial advisor to Middleton on its investment into Pinstripes, a critical first step to completing Banyan Acquisition Corp.'s combination with Pinstripes. This transaction demonstrates Harrington Park's ability to market high-growth multi-unit brands and achieve optimal outcomes for our clients.

Matt Kogan of Harrington Park Advisors spoke at McDonald Hopkins' Private Equity Conference in Chicago. Matt and fellow panelists discussed private equity activity and interest in the consumer services and restaurant sectors. The panel discussion was moderated by John Polinko of McDonald Hopkins, and fellow panelists included Adam McKean of private equity firm Levine Leichtman Capital Partners and Alicia Miller of strategic advisory firm Emergent Growth Advisors.

The volume of restaurant mergers and acquisitions remains well below 2019-21 levels, but private-market activity is starting to pick up, Harrington Park Advisors Founder and Managing Director Ashish Seth tells Bloomberg Intelligence. In this episode of the Choppin’ It Up podcast, Seth sits down with BI’s senior restaurant and foodservice analyst Michael Halen to discuss the state of the M&A market, including investors’ preference for franchised brands over company-owned ones. He also comments on valuations and the lending market and describes the matchmaking process between acquirers and target companies.

Untamed Brands, the multi-brand operator and parent company of taim Mediterranean Kitchen and Hot Chicken Takeover, has been acquired by Craveworthy Brands. Untamed Brands launched in 2021 with taim, a New York City-based concept founded in 2005, which currently operates 13 restaurants across New York and Washington D.C. In late 2021, Untamed Brands acquired HCT, a Columbus-based concept with a cult-like following, serving Nashville-style hot chicken and Southern-influenced sides, which currently operates seven restaurants and two sports stadium locations in the Columbus area. Harrington Park Advisors acted as exclusive financial advisor to Untamed Brands.

IMAGE Studios, the industry-leading franchisor of ultra-modern, upscale, turnkey salon suites, announced today a strategic investment from MPK Equity Partners. This strategic partnership positions the company to further expand and support its franchise base and strengthen its position as a leading brand within the franchise industry. Founded in 2009 by CEO, Jason Olsen, IMAGE Studios is a trailblazing brand in the large and growing salon suite industry and is among the fastest-growing consumer services franchisors. IMAGE has 76 stores in operation across 20 states, and a pipeline of 220 stores in development. Harrington Park Advisors acted as exclusive financial advisor to IMAGE Studios.

Ashish Seth, Founder & Managing Director of Harrington Park Advisors, shared his outlook for restaurant M&A in 2024 at RFDC 2023 in Las Vegas. Restaurant Finance & Development Conference is the restaurant industry’s premier financial event for restaurant company owners, operators and financial executives.

Houston TX Hot Chicken ("HHC"), a fast casual restaurant offering delicious Nashville hot chicken sandwiches and other Southern-inspired favorites, announced today that it has received a strategic investment from Savory Fund. Founded in 2021 and based in Las Vegas, HHC currently has 11 locations across six states (Arizona, California, Idaho, Nevada, Texas, and Utah). Harrington Park Advisors acted as exclusive financinal advisor to Houston TX Hot Chicken.

Pinstripes, Inc., a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today announced its plan to go public via a business combination with Banyan Acquisition Corp. (NYSE: BYN), that would result in Pinstripes becoming a publicly-listed company. The transaction values the combined company at a pro forma enterprise value of approximately $520 million at $10.00 per share, and includes an upfront equity investment of more than $20 million directly in Pinstripes by Middleton Partners. Harrington Park Advisors acted as exclusive financial advisor to Middleton Partners.

Restaurantology® is the only conference in the industry hosted by operators, for operators. As an emerging restaurant brand, you need advice, tips and tricks pertinent to your growth journey. And there’s no better place to find that wisdom and know-how than with emerging operators in the same trenches you are.