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BU

Buffalo Wild Wings

restaurants
PE-OWNED

Sports bar chain known for wings and beer.

PE-OWNED

Acquired by Roark Capital2018-02-01

View PE Firm Profile

What Made It Great

Wings, beer, and sports in an energetic gameday atmosphere.

What PE Will Likely Do

Portion sizes for popular menu items like wings and boneless wings will be reduced by 10-15% while prices remain the same or increase slightly

HIGH LIKELIHOODBased on: Roark Capital's well-documented history of cost-cutting and operational efficiency tactics in acquired companies

Ingredients like chicken, sauces, and dips will be substituted with cheaper, lower-quality alternatives, resulting in noticeable declines in taste and freshness

HIGH LIKELIHOODBased on: The restaurant industry playbook of common private equity strategies that often degrade consumer experience

The variety of wing flavors and dipping sauces will be reduced by 20-30% to focus on higher-margin options

HIGH LIKELIHOODBased on: The centrality of wings, sauces, and the overall dining experience to Buffalo Wild Wings' brand identity and value proposition

Staffing in kitchens and dining rooms will be cut by 15-20%, leading to slower service and less attentive staff

HIGH LIKELIHOODBased on: The centrality of wings, sauces, and the overall dining experience to Buffalo Wild Wings' brand identity and value proposition

The number of television screens and volume of sports broadcasts will be reduced in some locations to lower operating costs

HIGH LIKELIHOODBased on: The centrality of wings, sauces, and the overall dining experience to Buffalo Wild Wings' brand identity and value proposition

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Minor menu price increases and limited ingredient substitutions begin

6-12 monthsYOU ARE HERE

6 to 12 months months

Portion sizes are reduced, some menu items and flavor options are removed

12-24 months

12 to 24 months months

Significant declines in food quality and customer service are widely noticed by regular patrons

24-36 months

24 to 36 months months

Store closures start to accelerate as brand reputation is damaged and customer traffic declines

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Be alert for gradual changes to your favorite menu items at Buffalo Wild Wings, such as smaller portions or differences in taste and freshness

  • Voice your concerns directly to management if you notice significant declines in food quality or service at your local Buffalo Wild Wings location

  • Consider exploring alternative sports bar and wing restaurant options in your area that may better maintain the quality and experience you expect

Alternatives

Darden Restaurants (Olive Garden, LongHorn)SAFE

Publicly traded restaurant group

Local independent restaurantsSAFE

Support local businesses in your area

Share this company's PE status

"Buffalo Wild Wings is now PE-owned. Here's what that means for you."