Untamed BrandsCraveworthy Brands

Untamed Brands, the parent company of Taim and Hot Chicken Takeover, has been acquired by Craveworthy Brands

+ About  

Untamed Brands

Untamed Brands launched in 2021 with taim, a New York City-based concept founded in 2005 by double-time Food Network champion and Chef Einat Admoney, as a falafel joint that complemented her full-service concept Balaboosta. Taim uses market-fresh produce, authentic herbs and spices and time-honored techniques of Mediterranean cooking to serve craveable pitas, bowls, salads and mezze. Taim 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. HCT was founded in 2014 by Joe DeLoss with a fair chance hiring mission which provides supportive careers to individuals whose personal circumstances may typically prevent them from obtaining steady employment, creating a sense of belonging and community. HCT currently operates seven restaurants throughout Central Ohio and two Columbus sports team stadium locations.

+ key details

Date

HPA Role

Ownership

Counterparty

Sector

May 7, 2024

Sell-Side M&A Advisor

Sponsor-Backed

Eothen

Craveworthy Brands

Restaurants

+ Harrington park advisors takeaway

taim food
Fill out the Mediterranean vertical via scale synergy

Acquiring taïm allows Craveworthy to consolidate Mediterranean offerings with Soom Soom and extend reach across NY and D.C. for cross-market leverage.

Leverage HCT to expand into the chicken segment

Hot Chicken Takeover adds exposure to the hot chicken trend while creating a bridge to Budlong for menu integration and brand conversion opportunities.

Portfolio enhancement with operational upside

The addition of taïm and HCT adds strong brands across Mediterranean and chicken to the Craveworthy portfolio while fitting Craveworthy’s model of optimizing under-scaled but promising brands.

Franchise expansion & system growth lever

With ~20 existing units, taïm and HCT provide a foundation for refreshed branding, system upgrades, and scalable franchise rollout.

Brand roll-up momentum & transaction velocity

Following the Sigri acquisition, the Untamed deal underscores Craveworthy’s aggressive M&A cadence and accelerates portfolio scale through credible, emerging brands.

+ The Bottom line
Strategic M&A activity is returning to the restaurant sector, but its a new flavor of dealmaking focused on rolling up emerging brands that will benefit from shared services and franchising.

Our Client's Thoughts

Untamed Brands