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Is Buffalo Wild Wings Private Equity Owned?

πŸ”΄ PRIVATE EQUITY OWNED

Buffalo Wild Wings

Includes BWW, B-Dubs, BW3

casual dining Β· Atlanta, GA

Acquirer

Inspire Brands

Year Acquired

2018

β€œWings got absorbed into a PE buying spree. The only thing wild now is the overhead.”

The PE Playbook

  • β€’Roark's Inspire Brands acquired Buffalo Wild Wings for $2.9 billion in 2018, then immediately cut 132 corporate jobs β€” more than a quarter of HQ staff
  • β€’Corporate headquarters consolidated from Golden Valley, MN to Inspire's Atlanta HQ; entire executive team replaced
  • β€’Closed all Canadian locations and approximately 60 U.S. locations in 2024; revenue declined 3.2% year-over-year
  • β€’Faced class-action lawsuits over hidden takeout service fees and misleading consumers about 'boneless wings'

Since the Acquisition

  • β–ΈWing prices have roughly doubled since 2010 β€” a 20-piece order went from $20 to $28, cheese curds from $6.79 to $11.49, and a casual dinner for two can clear $60 before drinks
  • β–ΈCustomers report 20-30 minute waits just to place an order, with chronic understaffing so bad that one viral video showed diners calling the restaurant's phone from their table to get a server's attention
  • β–ΈAll 12 Canadian locations and approximately 60 U.S. locations closed in recent years, including spots shut down by health departments before permanently closing
  • β–ΈTrustpilot rating sits at 1.6 out of 5 β€” the recurring pattern in reviews is wrong orders, cold food, and servers who have too many tables to care

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Frequently Asked Questions

Is Buffalo Wild Wings owned by private equity?

Yes. Buffalo Wild Wings is currently owned by Roark Capital, which acquired it in 2018. Wings got absorbed into a PE buying spree. The only thing wild now is the overhead.

What happened to Buffalo Wild Wings after the acquisition?

Wing prices have roughly doubled since 2010 β€” a 20-piece order went from $20 to $28, cheese curds from $6.79 to $11.49, and a casual dinner for two can clear $60 before drinks Customers report 20-30 minute waits just to place an order, with chronic understaffing so bad that one viral video showed diners calling the restaurant's phone from their table to get a server's attention

Who owns Buffalo Wild Wings?

Buffalo Wild Wings is owned by Roark Capital, which acquired it in 2018.