Is Whataburger Closing or Going Out of Enterprise? No, However It Is Being Bought

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Whataburger


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With all of the information about Whataburger and the newest tweet shared by the beloved enterprise, you could be questioning in the event that they’re closing or going out of enterprise. We’ve excellent news – no, they aren’t. In actual fact, they’re planning to increase.

Whataburger, a beloved hamburger chain in Texas that was born in Corpus Christi, has been bought by a Chicago funding agency referred to as BDT Capital Companions. BDT now owns the bulk shares in Whataburger and the founders, the Dobson household, have a minority possession, Austin American Statesman reported.

The excellent news is that Whataburger is not closing. They’ll proceed to be headquartered in San Antonio, Texas (after not too long ago shifting from Corpus Christi) and are planning to increase.

Tom Dobson advised the Statesman that the choice was thrilling and bittersweet, for the reason that enterprise had been a part of their household for practically 70 years. However he says the partnership with BDT goes to be factor, not one thing to fret about. Many Whataburger followers are anxious a couple of non-Texas enterprise proudly owning the corporate, however Dobson thinks they may do the enterprise proper.

Dobson advised the Statesman: “They’ve a observe document of success with companies as particular as ours that need to develop, whereas preserving tradition and household historical past. They’re trusted advisors and companions who’ve labored intently with different household companies they usually have an amazing repute for doing the correct factor.”

Whataburger already has numerous areas: 820 to be precise, with the vast majority of these in Texas. There are some Whataburger areas in 9 different states, however it will assist the enterprise increase much more.

Preston Atkinson, President and CEO of Whataburger, mentioned they’d been methods to increase for some time, so this isn’t surprising.

QSR shared another adjustments occurring at Whataburger. The CFO, Ed Nelson, will change into President (he joined in 2004), and the VP of enterprise operations, Leonard Mazzocco, will probably be SVP and COO. The SVP of eating places, Rob Rodriguez, will change into SVP and the chief restaurant working officer.

So no, don’t be anxious. Whataburger isn’t closing. In actual fact, this may assist Whataburger develop and increase much more.