Beloved Texas fast food chain Whataburger has a new owner.
According to the San Antonio Express News, Chicago-based BDT Capital Partners announced Friday that is has agreed to buy a majority stake in Whataburger. The fast food company will remain based out of San Antonio, but the new majority owners plan to begin searching expansion opportunities, according to the news report.
In the report from the Express News, Whataburger chairman Tom Dobson said he is excited about BDT’s acquisition of the fast food chain.
“Whataburger has been the heart and soul of our family legacy for nearly 70 years, but we feel really good about the partnership with BDT,” Dobson said.
The announcement comes following recent reports that Whataburger was exploring a sale of the company for expansion purposes.
