FAT Brands

FAT Brands Inc. is an American multi-brand restaurant operator headquartered in Beverly Hills, California.

FAT Brands began as a holding company for Fatburger in 2017, gaining a chairman in Ed Rensi.

[7] In July 2021, FAT purchased Global Franchise Group,[8] now owning Round Table Pizza, Hot Dog on a Stick, Great American Cookies, Pretzelmaker and Marble Slab Creamery.

[12] In 2024, Andrew Wiederhorn, ex-CEO, current controlling shareholder, and Chairman of the Board of FAT Brands, was indicted on federal criminal charges, accused of taking $47 million in shareholder loans for his personal benefit which were then never paid back, also concealing millions of dollars in reportable compensation and taxable income from the Internal Revenue Service.

[13] The Board of Directors was never informed about the "loans",[14] Fat Brands never disclosed them as related party transactions to investors, and they were written off after the company merged with its largest shareholder, Fog Cutter Capital Group (also majority-owned by Wiederhorn), in 2020.