Corner Bakery partners with Pandya Restaurant Growth Brands to support next chapter of growth
Strategic and financial partnership brings an enthusiastic, experienced, and successful ownership group to Corner Bakery
Corner Bakery is pleased to announce that it has been acquired by Pandya Restaurant Growth Brands, LLC (PRGB), one of the Rohan Group of Companies, owned by the real estate investor and restaurant operator, Jignesh (Jay) Pandya of Bucks County, Pennsylvania. PRGB will now assume ownership of Corner Bakery, purchasing the brand from affiliates of Roark Capital Partners. Terms of the private transaction were not disclosed.
The Rohan Group of Companies is a well-established organization with ownership interests in a wide array of business enterprises, including operations with multiple franchised restaurant concepts. Rohan Group affiliate Engage Brands purchased the Boston Market chain of Restaurants in April and has been working to expand the Boston Market brand by opening restaurants and expanding its menu. Pandya sees opportunities for strategic alliances between Corner Bakery and Boston Market.