A group of investors injected a total of USD 15 million into LJS Partners LLC, the firm that purchased the Long John Silver’s restaurant chain last month from Yum Brands Inc.
According to a filing with the U.S. Securities and Exchange Commission, the equity sale for LJS Partners closed Dec. 5.
As Business First reported in its Dec. 23 print edition, the purchase of Long John Silver’s included equity investments by a group of local partners and franchisees, and bank financing from Fifth Third Bank.
The sale price has not been disclosed by the partners or Louisville-based Yum Brands.
